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Comment for Proposed Rule 75 FR 3281

  • From: Scott Watson
    Organization(s):

    Comment No: 2887
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02887
    From:
    Sent:
    To:
    Subject:
    Scott Watson
    Friday, January 22, 2010 5:27 PM
    secretary
    regulation of retail forex
    dear sir
    i have been trading the retail forex market for about 2 yrs i have good days and i have not so good
    days but the good ones pay for the bad. i am a very small investor who only trades to supplement my
    income if you change the margin requirements to 10-1 margin you will be taking away some of my
    income, the account balance required ould be out of my reach. I was wiped out in 2000 from listening
    to a Morgan Stanley broker who only cared about herself and wouldnt answer or return calls while the
    market dropped 750 points a day so i do my own investing now and you are about to take that away,
    please reconsider thank you scott watson