Comment for Proposed Rule 75 FR 3281
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From:
Thomas Zimmerman
Organization(s):
Comment No:
2737
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02737
From:
Sent:
To:
Subject:
Tom Mann
Friday, January 22, 2010 2:10 PM
secretary
Proposed Regulation
Dear Sir/Madam
Re:
January 13, 2010 that it is seeking pubfic comment on
proposed regulations concerning retail Forex trading.
As part of the proposed regulations, it is stated." "leverage in retail forex
customer accounts wouM be subject to a l O-to-1 fimitation, "which means 10:1
This will mean that to trade a single standard lot of $100,000 you will need $10,000 in your
account. Currently it can be as little as $200! How
does this "help" us retail traders??
You are supposed to be there to provide a safe environment to trade in
not kick us out of the game!! Help us, do not hinder us!
Those are my sincere emphatic comments.
Thanks,
Thomas Zimmerman
