Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Kerrie King
    Organization(s):

    Comment No: 4370
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04370
    From:
    Sent:
    To:
    Subject:
    Kerrie King
    Thursday, January 28, 2010 2:32 PM
    secreta ry < secretary@ C FTC. g ov >
    Regulation of Retail Forex - RIN 3038-AC61
    Hello,
    I am writing in relation to the possibility of increased margin requirements for the Forex market. I
    am a client of GFT, and I agree with their opinion that this would be a "crippling blow to the
    industry." Traders have already assumed the risk of margin trading upon application of a brokerage
    account. Also, the forex market would result in foreign competitors. I worry about fraudulent
    behavior. The forex is such a liquid market, why make any changes?
    Thank you for your cooperation regarding this matter.
    Regards, Kerrie
    Your E-mail and More On-the-Go. Get Windows Live Hotmail Free.
    Sign up now.