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Comment for Proposed Rule 75 FR 3281

  • From: Brandon Bruckman
    Organization(s):

    Comment No: 6460
    Date: 3/7/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06460
    From:
    Sent:
    To:
    Subject:
    Brandon Bruckman
    Sunday, March 7, 2010 8:43 AM
    secretary
    Regulation of Retail Forex
    Hello - decreasing leverage on FX will deter small investors from participating in the FX market through mini and micro
    lots. Exposure to FX is a great alternative to long only mutual funds.
    Also, if the change is made the majority of these accounts will transfer from the the US to London FX accounts hurting US
    businesses
    In a country where government freely sponsors the lottery, a game where you have almost as much of a chance of winning
    if you buy a ticket or not, FX a game you can win should continued to be allowed in its current state.
    Thank you
    RIN 3038-AC61