Comment for Proposed Rule 75 FR 3281
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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
