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Comment for Proposed Rule 75 FR 3281

  • From: Kenneth Neiman
    Organization(s):

    Comment No: 3860
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03860
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, January 25, 2010 5:44 PM
    secretary
    Regulation of Retail Forex"
    It has come to my attention, that your intention is to change the margin requirement for retail investors, like
    myself, investing in forex trading. I am very upset about it. What is the reason for delving into and changing the
    currant practice? The change will place an undue burden on me, a retired senior, carefully investing. Are you
    planning to make this change for wholesale investors? It seems to me that they are the ones that should be
    regulated. They are dealing with other peoples money. If anyone should be regulated, it should be them. Who
    are you trying to protect? Please leave the currant 100:1 margin requirement alone.
    Thank you,
    Kenneth Neiman
    [email protected]