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Comment for Proposed Rule 75 FR 3281

  • From: William J Brown
    Organization(s):
    Regent University

    Comment No: 8255
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08255
    From:
    Sent:
    To:
    Subject:
    William Brown
    Wednesday, March 17, 2010 6:12 PM
    secretary
    new proposed regulations
    Dear Secretary Stawick:
    Warm greetings. Please carefully consider all the negative consequences of changing the FOREX trading rule to a very
    limiting 10:1 ratio instead of 100:1. This change will virtually put FOREX traders like me out of business, as I do not trade
    with large accounts. This change will hurt the U.S. economy, driving tens of thousands of traders out of business in the U.S.
    resulting in substantial losses of revenue to the U.S. economy. I urge you to say "NO" to this proposed change. Thanks so
    much for your consideration. Best Regards, Bill Brown
    William J. Brown, Ph.D.
    Professor and Research Fellow
    Chair, Department of Communication Studies
    School of Communication & the Arts
    Regent University
    Tel: 757-352-4216