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Comment for Proposed Rule 75 FR 3281

  • From: Brad Hodge
    Organization(s):

    Comment No: 1310
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01310
    From:
    Sent:
    To:
    Subject:
    Brad Hodge
    Wednesday, January 20, 2010 10:32 PM
    secretary
    Regulation of Retail Forex (please leave it in its current state)
    Dear Secretary,
    I urge you to please leave retail Forex in its current state. I have been trading the Forex markets since
    around 2002, and things are fine the way they are. I would not have initially been able to enter the
    market if such a high margin where required. If you up the margin requirements, you will greatly
    diminish my profit margins. That is not good for anyone. It is also a good way to drive down tax
    revenue. If we make less, the government won't be able to collect as much tax.
    Concerning: RIN 3038-AC61
    Sincerely,
    Brad Hodge, PharmD