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Comment for Proposed Rule 75 FR 3281

  • From: Ed Blackburne
    Organization(s):
    Sam Houston State University

    Comment No: 2605
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02605
    From:
    Sent:
    To:
    Subject:
    Ed Blackburne
    Friday, January 22, 2010 10:42 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    I am an experienced FOREX retail trader and I oppose lowering the margin requirement from 100:1 to 10:1.
    Rather, why not impose a restriction that all new accounts are at a 10:1 margin and may be increased (up to
    a maximum of 100:1) upon written request from account holder and approval from brokerage.
    Ed Blackbume. PhD
    Associate Professor
    Economics and International Business
    Sam Houston State University