Comment for Proposed Rule 75 FR 3281
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From:
Stephen W Schaller
Organization(s):
Comment No:
3032
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-03032
From:
Sent:
To:
Subject:
SWS
Friday, January 22, 2010 9:28 PM
secretary
No 10:1 Margin. You will kill trading for the small investor
I am greatly opposed to the 10:1 margin proposal.
You will eliminate many forex traders from the market.
I have few losses using 100:1 margin.
With due respect, the 10:1 margin proposal is stupid. Really stupid.
The forex market is large enough to maintain a healthy ongoing future with the 100:1 margin.
Respectfully,
Stephen W Schaller
Washington State
