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Comment for Proposed Rule 75 FR 3281

  • From: Thomas Claus
    Organization(s):

    Comment No: 5817
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05817
    From:
    Sent:
    To:
    Subject:
    Thomas Claus
    Wednesday, March 3, 2010 9:35 PM
    secretary
    Regulation of Retail Forex
    Hello Mr. Secretary,
    I would like to petition you not to restrict the leverage on Forex trading to
    i0:i.
    Why ?
    1.) Each trader should be able to choose what level of leverage is right for him.
    2.) With the restriction in place a lot of money will leave this great country of ours and move to a
    jurisdiction that doesn't restrict the leverage.
    3.) Any individual investor is certainly not to blame for the collapse of any currency because the amount is
    way too small to move the market in any meaningful way.
    4.) Having the choice of leverage is very nice like we can choose for whom we vote.
    Please consider the consequences of this proposal and protect the individual investor by providing the freedoms
    that made this country great.
    Let every investor choose his leverage.
    Kind regards,
    Thomas Claus