Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Jorg Wein
Organization(s):
Comment No:
2159
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02159
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 7:37 PM
secretary
proposed new CFTC margin rules
To whom it may concern,
The new proposed margin rule of 1 - 10 as opposed to the existing 1 - 100 would make it impossible for me to
trade in a US account as I regularly trade at margins of 1 - 20 to 40.
If this rule went into effect I would have to transfer my main acc with "MB Trading" in California to a smaller
account I already have established in Great Briton.
This would essentially put most US Forex Brokers out of business.
Jorg Wein
8 Farm Cottage Rd
Gladstone, NJ 07934
