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Comment for Proposed Rule 75 FR 3281

  • From: Lisa John
    Organization(s):

    Comment No: 8247
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08247
    From:
    Sent:
    To:
    Subject:
    email2houston@yahoo, com
    Wednesday, March 17, 2010 6:01 PM
    secretary
    Regulation of Retail forex
    Dear Mr. Stawick,
    As a retail trader for several years, and with common consensus from fellow retail traders,
    the reducing of the leverage proposed, would be a huge detriment to the retail forex traders
    I know, and myself personally. Not only would it greatly limit the returns we personally
    can make (and we are aware of limiting our losses), this law in my opinion is another
    invasion of our freedom to choose.
    Not only that, it would drive business from the US - a country whose growh prospects are in jeopardy,
    a country I love, and do not want to drive the jobs created here to go abroad. The U.S. would likely
    lose millions of dollars in trade revenues.
    I URGE YOU TO CONSIDER THIS EMAIL AS THE VOICE OF MANY, who are clearly and
    vehemently against the proposed change of leverage to 10 to 1.
    I appreciate your concern in this matter.
    Sincerely,
    Lisa St John
    Forex trader
    Remove grumbling from your lips - others are blessed.
    Remove grumbling from your mind - everyone is blessed.