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Comment for Proposed Rule 75 FR 3281

  • From: Paul
    Organization(s):

    Comment No: 7690
    Date: 3/15/2010

    Comment Text:

    10-001
    COMMENT
    CL-07690
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, March 15, 2010 5:34 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear Secretary (CFTC),
    Re garding RIN 3038-AC61, I vehemently oppose changing the setting of leverage in the retail currency markets from the
    current 100:1 to 10:1. The currency market is the world's largest market by far, and the move would stifle the world currency
    market activities for sophisticated investors like those who actively participate in such market.
    Kind regards,
    Paul