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Comment for Proposed Rule 75 FR 3281

  • From: no-replyerulemaking
    Organization(s):

    Comment No: 5681
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05681
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Wednesday, March 3, 2010 11:09 AM
    secretary
    Public Submission for 2010-00456
    Public Submission for 2010-00456.zip
    Please refer to the attached file.Please Do Not Reply This Email.
    Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
    Intermediaries:
    Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
    FR Document Number: 2010-00456
    Legacy Document ID:
    RIN: null
    Publish Date: Wed Jan 20 00:00:00 EST 2010
    Submitter Info:
    first name Zach
    last name
    address1
    city
    country
    us state
    zip
    company
    By limiting leverage in the retail forex market you will be putting an undue burden on those
    who wish to learn to trade with a minimal amount of capital. I think it is very disingenuous to
    assume that we "don't know what we're doing" when it comes to utilizing the power that
    leverage gives the small trader. Please do not limit us any more that the FTC has already
    done. This attempt to save us from our selves will only do more damage than it will serve the
    intended purpose.