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Comment for Proposed Rule 75 FR 3281

  • From: Grieg Iversen
    Organization(s):

    Comment No: 1885
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01885
    From:
    Sent:
    To:
    Subject:
    grieg iversen
    Thursday, January 21, 2010 2:29 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    Regarding RIN 3038-AC61.
    Not sure why the Forex market needs any more regulation. The Forexaccount I use allows
    margin of up to 100 to 1, but that is based on cash in the account. So Iam not risking a
    negative margin call, I understand that I risk only money that I have already placed in my
    account. The safety line is already in place, if I can't cover the size of the trade with available
    assets, then no trade takes place.
    Please leave this alone.
    Regards,
    Grieg Iversen