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Comment for Proposed Rule 75 FR 3281

  • From: Jeff Cloe
    Organization(s):

    Comment No: 5215
    Date: 2/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05215
    From:
    Sent:
    To:
    Subject:
    Jeff Cloe
    Monday, February 8, 2010 3:45 PM
    secretary
    retail FX limitations
    Let me guess, you are from the government and you are here to help me. I used to invest in the equities
    market but SEC regulations so limited my investment options that I was unable to accrue my account. It
    became evident that I had to have $25,000 in the account so that l could play by a diferent set of rules in
    order to be prosperous. I therefore transferred my funds to a foreign exchange broker. I found that here I
    could work with my measly $1000 and accrue my investment. But now, I am going to be limited (or
    protected as you call it) once again so that l will need at least $10,000 to be able to invest in the FX
    market. Why are you doing this to us? Why do you slant the rules so that only the big boys can profit?