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Comment for Proposed Rule 75 FR 3281

  • From: Boro Aytun
    Organization(s):
    Mavi Interactive

    Comment No: 8229
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08229
    Mason, Theresa
    From:
    Sent:
    To:
    Subject:
    Attachments:
    Bora Aytun [[email protected]]
    Wednesday, March 17, 2010 5:03 PM
    secretary
    AGAINST 10:1 Leverage in CFTC's Proposed Regulations Regarding Retail FOREX
    Transactions
    image001 .gif
    Greeetings,
    This email is re: CFTC's
    Proposed Regulations Regarding
    Retail FOREX Transactions (Article: click here)
    AI though I agree with most of the bill, as an individual IRA account holder, I must disagree with the
    10:1
    leverage
    limitation.
    The bill looks quite useful in regulating FCMs and RFEDs which I believe where most of the positive impact of this bill
    resides.
    Yet, for the small investor such as myself, the
    10:1 leverage
    renders this investment vehicle "beyond our reach"..
    This elimination of the small investor seems, at the least, discriminatory.
    For the record:
    I am against the proposed 10:1 leverage.
    Best regards,
    Bora Aytun
    Co-founder, CMO
    888-708-MAVI (6284)
    267-257-7812 (direct)
    www.maviinteractive.com
    Twitter: AqentSurefire
    LinkedIN: BoraAytun
    Think GREEN.
    Please consider the environment before printing this email.
    ccc