Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Ronald L Geer
    Organization(s):

    Comment No: 3829
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03829
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, January 25, 2010 4:26 PM
    secretary
    Forex Trading Margin Proposal
    To Whom It May Concern:
    This letter is to ask you not to change the trading margin on Forex to 10-1. I am retired and I have lost most of my
    pension from United Airlines due to their bankruptcy. I supplement my partial pension with Forex trading. Without
    this additional income, my wife and I cannot make it financially. If you reduce the margin, I do not see how we can
    make it financially.
    I strongly believe that this is another attempt to squeeze out the "little guy" in favor of large businesses, such as
    banks.
    Thank you for your consideration,
    Ronald L. Geer
    7135 286TH ST NW
    Stanwood, WA 98292
    425/218-2732