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Comment for Proposed Rule 75 FR 3281

  • From: Neil Strom
    Organization(s):

    Comment No: 5763
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05763
    From:
    Sent:
    To:
    Subject:
    Neil Strom
    Wednesday, March 3, 2010 7:59 PM
    secretary
    Regulation of Retail Forex
    Sir,
    The proposal to increase the forex margin requirement from 1% to 10% is a flawed idea.
    Good competent businesses & good competent traders do not need any further or greater regulation.
    I am struggling to understand just how such a restriction improves the marketplace for anyone.
    I certainly hope that such a proposal will be dropped from consideration.
    Yours faithfully,
    Neil Strom