Comment Text:
i0-001
COMMENT
CL-06771
From:
Sent:
To:
Cc:
Subject:
Michael Grayson
Thursday, March 11, 2010 2:18 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Michael Grayson in Portland, Oregon
Regarding the proposal to reduce leverage to 10:1 in the forex markets. This will cause forex traders to take there
trading to over seas brokers and cause harm to US forex brokers and create more unemployment to already fragile
employment environment in the United States. This proposal has absolutley no benefit..Forex traders need to have
the flexibility of reasonable leverage to perform profitable trading techniques. Please dont handcuff the United
States Forex industry. Its one of a few growth industries in our country that has the potential to continue to grow.
And create jobs..Lets not continue to send our jobs overseas!
Thank -You...Michael Grayson
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