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Comment for Proposed Rule 75 FR 3281

  • From: Victor G Contreras
    Organization(s):

    Comment No: 8513
    Date: 3/18/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-08513
    From:
    Sent:
    To:
    Subject:
    maricruz contreras
    Thursday, March 18, 2010 4:03 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary,
    As a beginning Forex trader I find this proposed leverage change would cripple most traders especially ones like me who
    have just acquired the taste for trading the currency markets, Its hard enough to trade with the leverage on your side but it
    will make it a TEDIOUS task to take away that leverage of 100 to 1. I for one will not trade the Forex Markets at 10 to 1.
    This is the United States of America the land of opportunity not a third world country. Please consider in keeping the
    current leverage the way it is without change. Thank you
    A Fellow Trader
    Victor G. Contreras, Los Angeles, Ca