Comment Text:
i0-001
COMMENT
CL-05156
From:
Sent:
To:
Subject:
Doug Johnson
Monday, February 8, 2010 11:10 AM
secretary
proposed Forex margin requirements
Sirs:
As a Forex investor of four years I would like to express my opinion AGAINST the proposal to
change Forex margins to 10 to 1. In my four years experience I have never been financially harmed
by the present rule at 100 to 1. With the present rule there is still plenty of margin to cover a
potential loss, plus the Forex brokers will liquidate the account if I was to exceed the losses. The
new requirement will severely limit my daily investments, l'm sure this will also have a negative
impact on the Forex Brokers.
So for my opinion, I say leave the present margin requirements alone. DO NOT impose at 10 to
1
requirement.
Douglas Johnson
9001 E Bluewater
Clarkston, MI 48348
