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Comment for Proposed Rule 75 FR 3281

  • From: David Newsom
    Organization(s):

    Comment No: 4875
    Date: 2/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04875
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Wednesday, February 3, 2010 9:04 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary,
    I am a retail FOREX trader and feel that the proposed rule to restrict margin to 10 to 1 would
    be punitve and unfair. I believe retail traders should have the same opportunities as other
    trading groups or entities. I also feel that the FOREX dealers do a very good job in informing
    and educating retail traders about margin risk. Thank you for allowing my view to be noted.
    David Newsom