Comment Text:
i0-001
COMMENT
CL-03675
Sent:
To:
Subject:
[email protected] on behalf of
Thomas Wolf
Monday, January 25, 2010 1:52 AM
secretary
Regulation of Retail Forex
Dear Ladies and Gentlemen,
I strongly oppose your proposal to increase the margin requirements to 10:1 for the Retail Forex.
This rule would hit successful and unsuccessful traders alike, while people will continue to lose money with the Forex if they
are not trained properly and adhere to widely accepted trading rules.
Considering myself a successful trader, I will for sure move my accounts out of the U.S. if this proposal comes through!
Best regards,
Th. Wolf
