Comment Text:
i0-001
COMMENT
CL-07912
From:
Sent:
To:
Subject:
Ed Ogden
Tuesday, March 16, 2010 1:37 PM
secretary < secreta ry@ C FTC. g ov >
Forex leverage rules
I am writing to protest the planned change of Forex trading leverage down to 10:1. This is an
absurd restriction of the free trade between willing and competent parties who all understand the
risks involved in any volatile market.
These proposed restrictions will severely reduce the number of Forex traders in the US, which will
reduce overall liquidity in this market and thereby increase costs to the remaining players -
including the interenational central banks.
There are no positive attributes to this proposal. Please register my most vehement protest against
it.
Ed Ogden
Sarasota, FL
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