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Comment for Proposed Rule 75 FR 3281

  • From: Mike Spencer
    Organization(s):

    Comment No: 5953
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05953
    From:
    Sent:
    To:
    Subject:
    Mike Spencer
    Thursday, March 4, 2010 9:13 AM
    secretary
    Regulation of Retail Forex
    To whom it may concern: I understand that todays political tone is for more financial regulation and
    your proposal of reducing leverage definately fits in with that overall strategy. I am sure you are getting
    increased pressure from regulators as well. Please consider all potential consequences to this decision
    before implimenting. Consider using other parameters instead such as Liquide net worth or annual
    income to determine who can risk and who can not risk capital. I strongly oppose the deleveraging in
    the Forex Markets. Mike Spencer
    mcspencer 123 @yahoo. com
    316-322-8211