Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: John Schneider
    Organization(s):

    Comment No: 1896
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01896
    From:
    Sent:
    To:
    Subject:
    Spider
    Thursday, January 21, 2010 2:42 PM
    secretary
    Excessive regulation of the Forex Market
    Gentlemen or Ladies (being politically correct),
    understand that you are considering changing the margin requirements when trading Forex.
    am asking you to
    please not
    change the margin requirements.
    am not an employee or have anything direct affiliation with any American brokerage firm.
    I just want the American brokers to have equal opportunity with brokers in other communist countries like ours
    throughout the world.
    This regulation would accomplish nothing more than helping the rich get richer and take opportunity away from
    the small retail investor.
    We have a difficult time pulling money from the market without the CFTC working against us.
    Thank you for reading my note.
    John Schneider