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Comment for Proposed Rule 75 FR 3281

  • From: Pat
    Organization(s):

    Comment No: 5818
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05818
    From:
    Sent:
    To:
    Subject:
    pat
    Wednesday, March 3, 2010 9:37 PM
    secretary
    Regulation of Retail Forex
    This legislation would only encourage more people to open up accounts in other countries. Profits from forex
    traders would then leave the U.S. and the futures markets in the U.S.. Is this really your aim? Traders have
    already started accounts with brokerage houses in other countries that still have 1000:1 as the standard lot; this
    will just chase away the rest.