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Comment for Proposed Rule 75 FR 3281

  • From: David Mowles
    Organization(s):

    Comment No: 8439
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08439
    From:
    Sent:
    To:
    Subject:
    Dave Mowles
    Thursday, March 18, 2010 7:31 AM
    secretary
    'Regulation of Retail Forex' RIN 3038-AC61.
    Dear Sir/Madam,
    RE: RIN 3038-AC61
    I am a currency/FX trader and find that if the leverage for FX is lowered to 10:1, I will be forced to go
    and take my business elsewhere (outside the US) as it makes this means of income generation
    impossible for my style of trading.
    Please do not force this legislation down our throats. Let each person determine his/her own risk
    tolerance.
    best regards, David Mowles
    San Jose, CA