Comment for Proposed Rule 75 FR 3281
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From:
Calvin A Smith
Organization(s):
Comment No:
1882
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01882
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 2:22 PM
secretary
Forex Trading Margin
Please do not raise the Forex trading margin from 100 to 1 to 10:to 1. Increasing the margin
would be very detrimental to a large number of small traders. The proposal would
significantly reduce our profits without increasing our investment safety. General market
efficiency is enhanced by the large numbers of small independent traders. We do not need
to be protected from ourselves in this manner
Thank you,
Calvin A. Smith
[email protected]
Zip: 98003
