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Comment for Proposed Rule 75 FR 3281

  • From: David Holub
    Organization(s):

    Comment No: 5533
    Date: 2/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05533
    From:
    Sent:
    To:
    Subject:
    ksseawolf- [email protected]
    Monday, February 22, 2010 11:02 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Monday, February 22, 2010 at 23:01:50
    commenter_subject: Regulation of Retail Forex
    commenter_comments: The margin account level should not be changed.
    The 100:1 leverage allows entry by new traders and
    allows smaller accounts to be maintained to allow
    for testing ideas and acclimating to risk. By
    limiting the rate to 10:1 many people will be
    barred from entry or lose greater sums of money by
    needing much larger accounts.
    commenter_name: David Holub
    commenter_withhold_address_on: ON
    commenter_addressl: 20910 W 126th St
    commenter_city: Olathe
    commenter_state: KS
    commenter_zip: 66061