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Comment for Proposed Rule 75 FR 3281

  • From: Patricia Clark
    Organization(s):

    Comment No: 7734
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07734
    From:
    Sent:
    To:
    Cc:
    Subject:
    Patricia Clark
    Monday, March 15, 2010 10:05 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    From: Patricia Clark in Pflugerville, Texas
    10:1 will cut my current earnings in half because the margin amounts needed to trade larger lots will be bigger. 50:1 is a
    better fit for FX currencies given how little the price value moves compared with other commodities that are traded. If you
    guys do the damage and limit u.s. TRADERS TO 10:1, THERE WILL BE AN OUTFLOW OF AMERICIAN
    INVESTMENT BUSINESS TO NON u.s. BROKERS AND NON u.s. IB's. Is that your regulatory goal?
    Patricia Clark
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