Comment for Proposed Rule 75 FR 3281
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From:
John Schneider
Organization(s):
Comment No:
1896
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01896
From:
Sent:
To:
Subject:
Spider
Thursday, January 21, 2010 2:42 PM
secretary
Excessive regulation of the Forex Market
Gentlemen or Ladies (being politically correct),
understand that you are considering changing the margin requirements when trading Forex.
am asking you to
please not
change the margin requirements.
am not an employee or have anything direct affiliation with any American brokerage firm.
I just want the American brokers to have equal opportunity with brokers in other communist countries like ours
throughout the world.
This regulation would accomplish nothing more than helping the rich get richer and take opportunity away from
the small retail investor.
We have a difficult time pulling money from the market without the CFTC working against us.
Thank you for reading my note.
John Schneider