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Comment for Proposed Rule 75 FR 3281

  • From: Sterling Suhr
    Organization(s):

    Comment No: 8774
    Date: 3/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08774
    From:
    Sent:
    To:
    Cc:
    Subject:
    Sterling Suhr
    Sunday, March 21, 2010 6:20 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    From: Sterling Suhr in South Haven, MI
    Hi, my name is Sterling. I look at the health care bill and I look at this and while completly seperate in nature the
    trend scares me. Governing agencies are there to represent the people not make decisions for them. This will not
    slove any problems only create them. Brokers in the US will close because of traders going to overseas brokers to
    maintain the same leverage. So whats next is there going to be a ban on US citizens signing up with overseas
    brokers. The principal behind this is wise and proper money management is a good thing but we should have the
    choice without someone telling us what leverage we can use. I hope this does not go through, I hope that the
    government agency set in place to represent the people actually listens to the emails your getting and doesnt pass
    this.
    -Sterling
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