Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Calvin A Smith
    Organization(s):

    Comment No: 1882
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01882
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, January 21, 2010 2:22 PM
    secretary
    Forex Trading Margin
    Please do not raise the Forex trading margin from 100 to 1 to 10:to 1. Increasing the margin
    would be very detrimental to a large number of small traders. The proposal would
    significantly reduce our profits without increasing our investment safety. General market
    efficiency is enhanced by the large numbers of small independent traders. We do not need
    to be protected from ourselves in this manner
    Thank you,
    Calvin A. Smith
    [email protected]
    Zip: 98003