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Comment for Proposed Rule 75 FR 3281

  • From: Christopher Erickson
    Organization(s):

    Comment No: 6485
    Date: 3/7/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06485
    From:
    Sent:
    To:
    Cc:
    Subject:
    CHRISTOPHER ERICKSON
    Sunday, March 7, 2010 3:06 PM
    secretary
    flatrater@sbcglobal, net; [email protected]
    lEVERAGE / proposed regulations forex Energy Act of 2008, Pub. L. No. 110-246, 122 Stat.
    1651, 2189-2204 (2008),
    If this is to be implemented , the the banks hedge funds & all breakage firms should be limited to 1 to 2 / leverage-
    trading , this rule would give a unfair advantage to foreign currency traders outside of the United States, I feel
    that this rule would favor hedge funds,
    currency traders ,banks & breakage firms & as such is unfair & discriminatory. But then who would regulate them
    out side of the U.S. They would move their trading over seas like everything else has been done / outsourced ..