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Comment for Proposed Rule 75 FR 3281

  • From: Fritz Hackenburg
    Organization(s):

    Comment No: 6283
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06283
    From:
    Sent:
    To:
    Subject:
    Friz
    Friday, March 5, 2010 10:56 AM
    secretary
    Regulation of Retail Forex
    I understand that the CFTC is considering raising margin requirements (RIN 3038-AC61) for retail forex traders to
    as low as a 10 to 1 ratio which I believe would limit retail traders profit potentialeffectively driving retail out of forex
    trading. I consider 50 to 1 a reasonable ration protecting retail traders and providing good profit potential.
    Sincerely Fritz hackenburg