Comment for Proposed Rule 75 FR 3281
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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
