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Comment for Proposed Rule 75 FR 3281

  • From: Mike Greer
    Organization(s):

    Comment No: 5558
    Date: 2/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05558
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, February 23, 2010 1:24 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Tuesday, February 23, 2010 at 13:24:28
    commenter_subject: 75 FR 3281 FX proposed rule
    commenter_frdate: 02/23/2010
    commenter_frpage: 75 FR 3281
    commenter_comments: If this rule is implemented then the "Little Guy"
    like myself will be forced out of the retail forex
    market in the US. I am going to retire in three
    years and plan to trade full time. I will move my
    retirement fund to my trading acct at that time.
    If you choose to implement this margin rule it will
    not stop me from trading, it will only force me to
    close my US account and move all my money overseas
    to a Cypress or UK account.
    In the current economic times that we have now, is
    it really a smart idea to put even more people out
    of work? I do not think so.
    Please leave the margin requirement the same or no
    less that 100:1 or 200:1
    Thanks..MG
    commenter_name: Mike Greer
    commenter_firm: none
    commenter_withhold_address_on: ON
    commenter_addressl: 19118 crystola Park
    commenter_city: Spring
    commenter_state: Tx
    commenter_zip: 77373
    commenter_fax: none
    commenter_phone: 713-825-2300