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Comment for Proposed Rule 75 FR 3281

  • 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