Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Steve Frazier
    Organization(s):

    Comment No: 402
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00402
    From:
    Sent:
    To:
    Subject:
    Steve Frazier
    Tuesday, January 19, 2010 9:36 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Changing the margin requirements to a maximum of 10:1 would put most Forex traders out of the
    market.
    Most traders are small investors with limited accounts. Removing the option of trading from them is a
    basic violation of there freedom to trade and invest.
    This is a terrible idea.
    Steve Frazier