Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: John Starbuck
    Organization(s):

    Comment No: 2221
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02221
    From:
    Sent:
    To:
    Subject:
    John Starbuck
    Thursday, January 21, 2010 8:25 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Please do not change the current margin requirements of Retail Forex as announced on January 13, 2010, from
    the current 100:1 to 10:1. Doing this would practically squeeze out much of the individual currency trading public
    from being able to trade in this market and would only allow those with huge sums of capital to be able to trade in
    this market.
    I look forward to seeing more information on this and truly hope that this new proposal is NOT implemented.
    Sincerely,
    John Starbuck