Comment Text:
i0-001
COMMENT
CL-05198
From:
Sent:
To:
Subject:
Ronald Harrow
Monday, February 8, 2010 2:33 PM
secretary
Regulation of Retail Forex
Sir,
Once again heavy handed government regulation pushes the small guy out
of business. With the change in margin requirements to 10:1 from the
current 100:1, only the big boys will be able to trade the Forex. Let
me remind you that it wasn't the little guy, but the big boys that got
this country into the financial mess that we find ourselves. The
current 100:1 margin hasn't caused any problems and, as they say, if
it isn't broken, don't fix it.
I'm also going to be letting my congressman know of my opposition to
this proposed change. Let me repeat, we don't need it and it is a
blatant attempt to shut out the little guy.
Ron Harrow
