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Comment for Proposed Rule 75 FR 3281

  • From: Alex
    Organization(s):
    Greatestale Inc

    Comment No: 5282
    Date: 2/9/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05282
    From:
    Sent:
    To:
    Subject:
    Greatestsale, Inc. (Alex)
    Tuesday, February 9, 2010 5:16 PM
    secretary
    Regulation of Retail Forex
    Dear CFTC,
    I am a retail forex trader in the United States, and am currently enjoying the service and safety of trading with a
    domestic broker. I am strongly opposed to the new 10:1 leverage rules. They are extremely restrictive and will
    force a lot of jobs and tax dollars out of the United States. If this rule is passed I will surely take my money to a
    foreign country where they have more reasonable rules. I hope the current 100:1 leverage is kept as is, since it is
    reasonable for profit and safe at the same time. If you cannot make money with the current leverage you don't
    deserve to trade.
    Thanks
    Alex