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Comment for Proposed Rule 75 FR 3281

  • From: Christopher Geoghegan
    Organization(s):

    Comment No: 2424
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02424
    From:
    Sent:
    To:
    Cc:
    Subject:
    Christopher Geoghegan
    Friday, January 22, 2010 2:33 AM
    secretary
    chris
    Forex margin requirements proposal
    Dear Secretary,
    Lowering the margin requirements for forex trading to 10:1 will put the retail trader out of business and
    affect the forex market.
    If you believe the margin requirements should be changed it should be to move the lower margin retail
    forex accts to mini or max-mini accts which general are better for lower margin forex traders.
    I appreciate your consideration to consider the above before making your decision.
    thx
    Chris geoghegan
    forex mini trader
    Christopher Geoghegan, CISSP, CDP, CFE
    Internet email: [email protected]