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Comment for Proposed Rule 75 FR 3281

  • From: Boris Karpachev
    Organization(s):

    Comment No: 6525
    Date: 3/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06525
    From:
    Sent:
    To:
    Subject:
    Boris Karpachev
    Monday, March 8, 2010 8:32 AM
    secretary
    Regulation of Retail Forex
    Attn: David Stawick, Secretary
    Commodity Futures Trading Commission
    1155 21st Street, N.W.,
    Washington, DC 20581
    Dear Mr. Secretary:
    Decreasing leverage for Forex trades from 100:1 to 10:1 and increasing margin reguirement from $1000 to
    $10,000 for small accounts (less than $100,000) is fundamentally stupid and unconstitutional, because those will
    practically cut off the American People from Forex, which will be forbidden to them by you, and you will escentially
    tarnish American Liberty, what is unconstitutional.
    Take your hands off the Forex accounts, which are less than $100,000.
    Thanks,
    Boris.