Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Eric Johnson
    Organization(s):

    Comment No: 4331
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04331
    From:
    Sent:
    To:
    Subject:
    eric johnson
    Thursday, January 28, 2010 7:51 AM
    secretary
    Proposed Retail Forex regulation
    Hello,
    I have been a professional trader and educator for about 10 years now. I began trading Forex for it's
    many benefits and 24 hour markets. I hope that the 10:1 margin proposal control is not enforced. If it is,
    I will look to move my investments and trading overseas for the better margin levels. There is already
    enough flight from the dollar, US businesses and brokerages. Too much regulation brings down US tax
    revenue and investment.
    I am confident that the regulators have economic reasons to consider, I just hope that longer term
    effects shape the decision. Thank you for your consideration, Eric Johnson