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Comment for Proposed Rule 75 FR 3281

  • From: Avery T Horton
    Organization(s):

    Comment No: 635
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00635
    From:
    Sent:
    To:
    Subject:
    Avery Horton
    Tuesday, January 19, 2010 2:06 PM
    secretary
    Regulation of Retail Forex
    The CFTC is proposing limiting leverage to 10:1 on US brokers. Of course that means many smaller
    traders and EA's will be practically useless.
    THIS IS A BAD IDEA.
    LEAVE FOREX ALONE.
    The government ALWAYS causes more problems than it solves and REGULATION is NOT the
    answer.
    Avery T. Horton, Jr. aka TheRumpledOne