Comment Text:
i0-001
COMMENT
CL-04796
From:
Sent:
To:
Subject:
crystwat@aol,
com
Tuesday, February 2, 2010 5:00 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Tuesday, February 02, 2010 at 16:59:57
commenter_subj ect: Regulation of Retail Forex
commenter_frdate: January 20, 2010
commenter_frpage: Page 3281-3330
commenter_comments: I want to vociferously express my opposition to the
proposed rule changes raising margin requirements
from 100:1 tO 10:1. The ability of individual
investors, i.e., retail investors, the small guy,
from actively participating in the financial
markets is types of unnecessary regulations that
will effectively freeze him out. One of the major
lessons learned from the latest financial collapse
is that individuals must take more a more control
over their financial matters. Leaving it just to
the institutional class leaves people helpless in
controlling their own financial future. I hope that
this proposal is effectively squashed and that the
Commission focuses their efforts in encouraging
investors to take control off their own financial
destingy and not take actions that discourage this
objective.
Bestregards
commenter name: Thomas J. White
commenter addressl 405 C Dedham St.
commenter_city: Newton
commenter state: MA
commenter_zip: 02459
commenter_phone: (617) 417-8904
