Comment Text:
i0-001
COMMENT
CL-05199
From:
Sent:
To:
Subject:
[email protected]
Monday, February 8, 2010 2:35 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Monday, February 08, 2010 at 14:35:15
commenter_subject: Regulation of Retail Forex
commenter comments:
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.
commenter name: Ronald Harrow
commenter addressl: 366 Rock Creek Circle
commenter_city: Vacaville
commenter state: CA
commenter zip: 95688
commenter~hone: 707-359-4909