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Comment for Proposed Rule 75 FR 3281

  • From: Dennis George
    Organization(s):

    Comment No: 732
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00732
    From:
    Sent:
    To:
    Subject:
    dennis george
    Tuesday, January 19, 2010 5:01 PM
    secretary
    Regulation of Retail Forex RIN 3038-AC61
    Dear David Stawick,
    The pending new regulation on forex margin requirements I believe would hinder a person's ability to make
    money in this market.
    There are repeated warnings from the retail forex houses about watching what you leverage. This market isn't
    one to be entered in without knowing the risks.
    I started trading 4 years ago and have gone through the school of hard knocks. I totally understood the risks, and
    elect to keep the account going.
    I understand the new regulation is meant to protect us from ourselves, but I sure hope you just leave things as
    they are.
    Thank You,
    Dennis George