Comment Text:
i0-001
COMMENT
CL-00117
From:
Sent:
To:
Subject:
Dale Figart
Friday,
January 15, 2010 7:37 PM
secretary
RIN 3038-AC61
What are you thinking! A maximum of Ten to One margin for Forex
Trading is stupid and insane idea. You already tied one arm behind my
back in 2009 with no hedging and a max margin of 100:1. Now you want
to regulate the US trader even more. The CFTC is supposed to protect
against fraudulent brokers. Not impose ridicules trading limits to
USA traders. This will kill all USA forex brokerage accounts as all
their customers will move to overseas accounts. The forex was fun and
profitable until the government decided to step in. Get out of my
life. Let me decide if I want a high or low margin account.
Dale Figart
