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Comment for Proposed Rule 75 FR 3281

  • From: Adrian Ramogo
    Organization(s):

    Comment No: 5322
    Date: 2/11/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-05322
    From:
    Sent:
    To:
    Subject:
    Adrian Ramogo
    Thursday, February 11, 2010 11:27 AM
    secretary
    Regulation of retail forex
    Hi,
    Moving straight to the point, your current proposal to decrease the maximum leverage accorded to
    retail clients will simply sound the death-knell to U.S. based retail brokers.
    This 1 say speaking as a forex trader from Kenya. If the law passes I will definitely move my trading
    account to another country's broker that offers the higher leverage that I, that I, want. Many share my
    sentiments.
    Thank you.