Comment for Proposed Rule 75 FR 3281
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From:
Kirk G Norwood
Organization(s):
Comment No:
8677
Date:
3/20/2010
Comment Text:
i0-001
COMMENT
CL-08677
From:
Sent:
To:
Subject:
Kirk Norwood
Saturday, March 20, 2010 8:59 AM
secretary
"Regulation of Retail Forex 3038-AC61"
David Stawick,
The 10-1 leverage would drive millions if not billions of US investment Dollars to other countries.
If the 10-1 leverage passes, it would stop the USA from being a player in the largest financial market in the world.
I am involved with 100's of other traders that are looking to move there accounts out of the country if the 10-1
leverage passes. It would make it impossible for a retail market trader to make a profit or even a living.
thanks
K. Grant Norwood
