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Comment for Proposed Rule 75 FR 3281

  • From: Tiago Quinamo
    Organization(s):

    Comment No: 4984
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04984
    From:
    Sent:
    To:
    Subject:
    Tiago Quinamo
    Thursday, February 4, 2010 12:25 PM
    secretary
    Regulation of Retail Forex
    RIN3038-AC61
    Dear Sir/Madam,
    As a retail forex trader, I am extremely concerned about the recent proposed margin changes that could
    increase the minimum margin requirement to 10 percent. Such a change to the current minimum
    requirements would be devastating to retail forex traders here in the US.
    I therefore urge you to reconsider the proposed margin changes and not allow this rule to stand. It will
    harm the average citizen in a time when we need to hold on to our dreams in the knowledge that we will
    not be excluded from competing in the forex market.
    Sincerely,
    Tiago Quinamo