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Comment for Proposed Rule 75 FR 3281

  • From: Vyril A Monk
    Organization(s):

    Comment No: 5142
    Date: 2/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05142
    From:
    Sent:
    To:
    Subject:
    Monk,Vyril A.
    Monday, February 8, 2010 10:30 AM
    secretary
    Regulation of Retail Forex"
    The idea of 10 to 1 leverage is absurd. This allows the financial institutions to monopolize the Forex
    market. The small investor will not have the ability
    to supplement his savings, income etc. This country boasts about equal opportunity for every
    american. Yes the Forex market is risky, so is futures, stocks.
    Options. With proper education of Forex trading, risk And loss is minimized. Keep the small investor in
    the market. Give the investor a chance to have a better
    Std of living.
    Regards,
    V.Monk