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Comment for Proposed Rule 75 FR 3281

  • From: Tim Higgins
    Organization(s):

    Comment No: 6594
    Date: 3/8/2010

    Comment Text:

    i0-001
    COIMMENT
    CL- 06594
    From:
    Sent:
    To:
    Subject:
    Tim Higgins
    Monday, March 8, 2010 6:44 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Secretary,
    I would like to voice my opinion that the new 10:1 regulation is a mistake. I have been trading
    Forex for years at
    100:1 leverage which is suitable to the retail customer. If this is another proposal that has the
    democratic congress behind it then
    I recommend that would do well to ignore them. They will be gone in November and you will save
    us the hassle of moving
    our accounts to another country. Iam currently now opening an account in Australia that allows
    500:1. Thank you very much.
    Tim Higgins
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