Comment Text:
i0-001
COMMENT
CL-03172
From:
Sent:
To:
Subject:
Mike Kadlec
Saturday, January 23, 2010 8:45 AM
secretary
"Regulation of Retail Forex"
The proposed regulation change of retail forex
trading to require 10:1 margin is absolutely going to
end 90% of retail trading in America. It's worse
than the FIFO requirement which forces a trader to
have two accounts for trading different styles and
thus more equity is required. Now changing margin
10:1
will eliminate most if not all small traders. I
DON'T LIKE IT!
Mike Kadlec
