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Comment for Proposed Rule 75 FR 3281

  • From: Angelo J Ruta
    Organization(s):

    Comment No: 5729
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05729
    From:
    Sent:
    To:
    Subject:
    AJ Ruta
    Wednesday, March 3, 2010 7:22 PM
    secretary
    Regulation of Retail Forex
    Dear Sir/Madam,
    I strongly object to the change of leverage rules from 100:1 to 10:1. This rule would prevent me and other small traders from
    being able to trade in foreign currencies, effectively making trade in foreign currencies a rich mans game.
    Please reconsider this decision and keep the current rules in place.
    Thank you,
    Angelo J Ruta
    6124 Calle Empinada
    San Diego, CA 92120
    Tel: 619-280-0440
    a j@ microwestsoftware, com