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Comment for Proposed Rule 75 FR 3281

  • From: Terry Chlebek
    Organization(s):

    Comment No: 8285
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08285
    From:
    Sent:
    To:
    Subject:
    Terry Chlebek
    Wednesday, March 17, 2010 7:08 PM
    secretary
    Regulation of Retail Forex
    Dear Sirs,
    I would like to voice my disagreement with the proposed lowering of the Retail Forex margin requirements from
    100:1 to 10:1. For the most part, this will have only 2 effects: it will drive out those people who are unable to add
    sufficient funds to their accounts to continue their normal trading patterns under the new rules; AND/OR it will
    cause people to deposit (and risk) even *more* money they really shouldn't be risking.
    Yours sincerely,
    Terry Chlebek