Comment Text:
i0-001
COMMENT
CL-02159
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 7:37 PM
secretary
proposed new CFTC margin rules
To whom it may concern,
The new proposed margin rule of 1 - 10 as opposed to the existing 1 - 100 would make it impossible for me to
trade in a US account as I regularly trade at margins of 1 - 20 to 40.
If this rule went into effect I would have to transfer my main acc with "MB Trading" in California to a smaller
account I already have established in Great Briton.
This would essentially put most US Forex Brokers out of business.
Jorg Wein
8 Farm Cottage Rd
Gladstone, NJ 07934
