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Comment for Proposed Rule 75 FR 3281

  • From: Paul
    Organization(s):

    Comment No: 8545
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08545
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, March 18, 2010 7:18
    PM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear Secretary (CFTC),
    Regarding RIN 3038-AC61, I vehemently oppose changing the setting of leverage in the retail currency markets from the
    current 100:1 to 10:1. The currency market is the world's largest market by far, and the ~nove would stifle the world currency
    market activities for sophisticated investors like those who actively participate in such market.
    Kind Regards,
    Paul