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Comment for Proposed Rule 75 FR 3281

  • From: Christian Vost
    Organization(s):

    Comment No: 3140
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03140
    From:
    Sent:
    To:
    Subject:
    Chris Vost
    Saturday, January 23, 2010 5:42 AM
    secretary
    Regulation of Retail Forex
    Identification number RIN 3038-AC61
    To whom it may concern,
    I am a retail forex trader, and I am VOTING AGAINST the recent proposal to change the margin
    requirements for retail forex trading.
    What I would like to know is "why" proposals like these are necessary. What are you trying to achieve
    by doing this? Also, how can you tell if this change will affect traders, or the overall market in a positive
    manner?
    If a margin increase is necessary, then please only raise it to 3%. Even if this is just a stepping stone to a
    larger margin requirement. Please do not make any radical changes to trading regulation.
    Regards, Christian Vost.
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