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Comment for Proposed Rule 75 FR 3281

  • From: Richard
    Organization(s):

    Comment No: 3064
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03064
    From:
    Sent:
    To:
    Subject:
    Richard
    Friday, January 22, 2010 11:02 PM
    secretary
    Please Do Not Pass
    The 10-1 Rule. It would no longer allow me to LOSE MONEY in the Forex.
    Who will you big guys profit from if all us little traders are pushed out. As
    you know roughly 90% of all traders LOSE money. If no one can afford to
    play, how will the 10% make it. This would be a mistake.
    Oh, I don't trade in it at all, (so it won't hurt me), for this very reason.
    But really think about this move first! This reminds me of a large city that
    decided NOT to issue "Parking Tickets."
    They lost SO MUCH REVENUE, that it lasted less than 30 days!!
    Don't make the same type of costly mistake!
    Remember: "You can only stick it to so many people, then you
    inadvertently stick it to yourself."
    Can't say I didn't "Tell you so. ""