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Comment for Proposed Rule 75 FR 3281

  • From: Vittel Smart
    Organization(s):

    Comment No: 8768
    Date: 3/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08768
    From:
    Sent:
    To:
    Cc:
    Subject:
    vsmart
    Sunday, March 21, 2010 4:36 PM
    secretary
    'Cliff Copeland' ; 'Lucky Manning' ; 'Joseph
    Miller'
    REGULATION OF RETAIL FOREX
    Dear Sir/Madam:
    I am writing to express my strong opposition to '
    ~." As a retail Forex Trader, I find this proposed regulation of 10-1 leverage very discriminatory. Once again, the
    small investors are being squeezed, while the Institutional Investors that already control our money stand to reap even more
    benefits.
    It is my strong belief that the United States are turning back the hands of time while other places such as the UK are moving
    way ahead by offering retail investors up to 200-1 leverage. I urge that you reconsider this proposal by keeping the current
    100-1 leverage intact. Thanks for your consideration.
    Have an awesome Day!
    Very truly yours,
    407-814-1161