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Comment for Proposed Rule 75 FR 3281

  • From: David Nichols
    Organization(s):

    Comment No: 7649
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07649
    From:
    Sent:
    To:
    Cc:
    Subject:
    [email protected]
    Monday, March 15, 2010 2:16 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear Secretary Stawick,
    RIN 3038-AC61
    With all due respect Sir, as an active Forex trader I strongly object to the proposed changes that state
    "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.
    Thank you for your time.
    Sincerely,
    David Nichols