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Comment for Proposed Rule 75 FR 3281

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  • From: David Risi
    Organization(s):

    Comment No: 1944
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01944
    From:
    Sent:
    To:
    Subject:
    David Risi
    Thursday, January 21, 2010 3:50 PM
    secretary
    Regulation of Retail Forex
    Regarding the proposed margin requirement changes for retail Forex trading: Changing the
    margin requirements from 100:1 to 10:l would be a disaster for my trading. If I wanted to do it
    voluntarily, that would be one thing, but to be forced into 10 times more margin for the same
    trade is absurd and counter-productive. I trade for a living and am totally opposed to this
    proposed change. It needs to be scrapped.
    David Risi