Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Stephen Vincelli
    Organization(s):

    Comment No: 4474
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04474
    From:
    Sent:
    To:
    Subject:
    Stephen Vincelli
    Friday, January 29, 2010 6:13 PM
    secretary
    'Regulation of Retail Forex'
    RIN 3038-AC61
    Please do not increase margin requirements to the extent you are planning to do. The 10:1 rule
    will destroy the retail forex market and take away my opportunity to make my living.
    People who lose money do so because of lack of preparation. Please make
    disclosure your point
    of attack and not penalize traders who know that it takes time and education to be successful.
    Stephen Vincelli
    Direct 727-502-7157
    Fax 352-556-3319
    "Debt is the weapon used to conquer and enslave society's and interest is its ammunition."