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:
David Silver
Organization(s):
Comment No:
2199
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02199
From:
Sent:
To:
Subject:
David Silver
Thursday, January 21, 2010 8:07 PM
secretary
Regulation of Retail Forex
Regarding: RIN 3038-AC61
As a self-employed trader I wish to voice strong opposition to proposed onerous increases in margin requirements
for retail forex transactions. I believe there are much more pressing issues that need to be addressed in the financial
system than this. Current rules are adequate to weed out weak or inexperienced hands who do not exercise proper
risk management. All retail traders should not be penalized with this kind of rug pulling move, which I suspect will
simply drive more transactions off-shore.
Respectfully,
David Silver
New York
