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Comment for Proposed Rule 75 FR 3281

  • From: P J Alice
    Organization(s):

    Comment No: 7362
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07362
    From:
    Sent:
    To:
    Cc:
    Subject:
    PJ A
    Saturday, March 13, 2010 4:01 PM
    secreta ry < secreta ry@ C FTC. g ov >
    cftcfeed ba ck@ fxd d. corn
    Regulation of Retail Forex,- Identification number RIN 3038-
    AC61
    March 13, 2010
    RE:
    Regulation of Retail Forex
    Identification number- RIN 3038-AC61
    To Whom it may concern,
    I've recenty learned that According to the CFTC, "leverage in retail Forex customer accounts would
    be subject to a 10-to-1 limitation," which means 10:1 leverage would be the maximum amount
    allowed for Forex traders in the U.S.
    I understand the deadline for public comment is March 22, 2010.
    I also understand my opinion may be heard by sending comments directly to the CFTC at:
    sec reta ry@ cftc. gov
    Kindly accept my comment for your consideration.
    I feel strongly against the proposed 10-to-1 limitation on Forextraders in the U.S. Please leave
    our leverage options as they are.
    Sincerely,
    P. Alice
    Florida City, FL
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