Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Chris Lenzendorf
    Organization(s):

    Comment No: 6027
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06027
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, March 4, 2010 2:34 PM
    secretary
    Regulation of Retail Forex
    To whom ita may concern-
    I'm confused on why you would want to decrease the margin size for currency traders. I have
    never heard of anyone being disappointed with the current margin levels. The Forex market is how
    I have beeen able to afford my present home and has built my childrens education funds to
    comfortable levels. I strongly appose this as it would mean that part time traders would need to
    much capital to trade this market profitably. If something is not broken then don't fix it. If there
    are people that are losing because of this margin, then they should not be in this market.
    Regards-
    Chris Lenzendorf
    Forex Trader