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Comment for Proposed Rule 75 FR 3281

  • From: Larry Lun
    Organization(s):

    Comment No: 7984
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07984
    From:
    Sent:
    To:
    Cc:
    Subject:
    Larry Lun
    Tuesday, March 16, 2010 4:13 PM
    secretary
    FOREX FOREX
    Regulation of Retail Forex
    Dear Secretary David Stawick,
    As an individual Forex trader, I oppose reducing the current forex trading leverage from 100:1 to 10:1. Reducing
    the leverage will not help stablizing or boosting the economy for this country. All traders are aware of the risk and
    have been responsible for their own gains and losses.
    Reducing trading leverage will only downsize the national economical activity and slow down the recovery
    process.
    Larry Lun