Comment for Proposed Rule 75 FR 3281
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From:
Gary Osgood
Organization(s):
Comment No:
987
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-00987
From:
Sent:
To:
Subject:
[email protected]
Wednesday, January 20, 2010 1:54 PM
secretary
Regulation of retail forex
This message has been modified by removing a potentially harmful program. Only the appearance, not
the content, should have been affected. If you are having a problem with this modified version, please
contact your local OITS Customer Service Center for assistance. I am concerned that lowering the forex
leverage ratio, to 10:1 for example, would not allow traders with small balances to make enough money
to justify the effort. Lower ratios would only mean that traders with poor judgement and/or skill would
lose less money while more skilled traders would forfeit substantial gains. Please leave things the way
they are.
Gary Osgood
3224 B St
Forest Grove, OR 97116