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Comment for Proposed Rule 75 FR 3281

  • From: Daniel English
    Organization(s):

    Comment No: 6567
    Date: 3/8/2010

    Comment Text:

    i0-001
    COIMMENT
    CL- 0 65 67
    From:
    Sent:
    To:
    Subject:
    Daniel English
    Monday, March 8, 2010 4:32 PM
    secretary
    Proposed changes to Leverage on retail FOREX
    It is my opinion that changes to the leverage requirements will make it impossible for the "Little Guy" like me to trade
    FOREX at such unreasonable leverage requirments. Is it the intent of the CFTC to limit this market to only big players and
    banks? Please do away with the proposed changes so that FOREX remains affordable for the common man. 10-1 leverage
    is absolutly unreasonable.
    Daniel English