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Comment for Proposed Rule 75 FR 3281

  • From: Richard Podpora
    Organization(s):

    Comment No: 6692
    Date: 3/9/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06692
    From:
    Sent:
    To:
    Subject:
    Linda Bauman
    Tuesday, March 9, 2010 4:15 PM
    secreta ry < secretary@ C FTC. g ov >
    "Regulation of Retail Forex"
    Hello,
    Asa retail investor, Ifeelthe change toa 10:1 leverage is inappropriate. Leverage is what Forex
    Trading is all about.
    Us retailers are finally able to participate in something sound and with life changing results. What's
    wrong with that? The more one makes, the more one spends-hencea contribution to our economic
    market-hence jobs.
    George Soros (the Anti-Christ), wants to convert the USDto EURin time. Lets hope not in our
    time. This will devastate a portion of the Forex Market and perhaps cause a loss of jobs and much
    more which no one wants to incur. Life will change forever as you and I know it.
    Don't bite the hand that feeds you.
    Leave the leverage factor alone for retailers. We finally got a piece of the pie. Don't spoil it for us
    working class survivors. George Soroswill probably get his way in time. I hope I'm wrong. Give
    us a break.
    If you feel I'm wrong, please tell me and please explain why. Otherwise, I will assume Iam right
    and you agree.
    Sincerely,
    Richard Podpora
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