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Comment for Proposed Rule 75 FR 3281

  • From: Andy Rider
    Organization(s):

    Comment No: 8503
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08503
    From:
    Sent:
    To:
    Cc:
    Subject:
    Andy Rider
    Thursday, March 18, 2010 2:19 PM
    secretary
    [email protected]
    'Regulation of Retail Forex
    I am vehemently opposed to the proposed reduction in retail FOREX leverage. This will not only hurt
    many small traders throughout the country, but also many brokerage firms as well. This will also serve to drive
    trading business and dollars out of the US and into other countries that are more trader friendly. This is another
    reason that so many Americans, in record numbers are taking themselves and their money into other countries.
    In hurting this many traders, you also hurt yourself as it is these very traders that help to feed this
    parasitic government.
    Please, for your benefit and ours, do not reduce the leverage protocol. Ignorance comes with a price
    and like many other areas in life, we need to take responsibility for our own actions.
    Let us not be ignorant!!!
    RIN 3038-AC61
    Andy Rider
    757-692-5060