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Comment for Proposed Rule 75 FR 3281

  • From: Mark Gavrish
    Organization(s):

    Comment No: 8596
    Date: 3/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08596
    From:
    Sent:
    To:
    Cc:
    Subject:
    Mark Gavrish
    Friday, March 19, 2010 10:48 AM
    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
    Mark Gavrish
    Virginia Beach, Virginia