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Comment for Proposed Rule 75 FR 3281

  • From: Walter Doelz
    Organization(s):

    Comment No: 4538
    Date: 1/30/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04538
    From:
    Sent:
    To:
    Subject:
    Walter Doelz
    Saturday, January 30, 2010 12:30 AM
    secretary
    Regulation Of Retail Forex
    Re:
    RIN3038-AC61
    I CAN'T BELIEVE YOU ARE CONSIDERING CHANGING THE MINIMUM MARGIN RATE
    TO 10%
    ON FOREX TRADES. I, ALONG WITH THOUSANDS UPON THOUSANDS OF OTHER
    PEOPLE WILL CERTAINLY STOP INVESTING.
    WHY ARE YOU EVEN CONSIDERING SUCH A PROPOSAL? YOU'LL LOSE TAX
    REVENUE AND ALL OF US WILL LOSE INVESTMENT OPPORTUNITIES.
    I RESPECTFULLY REQUEST YOU IMMEDIATELY STOP ANY FURTHER ACTION
    ON
    THIS PROPOSAL.
    REGARDS
    WALTER DOELZ