Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Hugh Stanfield
    Organization(s):

    Comment No: 6577
    Date: 3/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06577
    From:
    Sent:
    To:
    Subject:
    Hugh Stanfield
    Monday, March 8, 2010 5:12 PM
    secretary
    Regulation of Retail Forex
    Dear Sir,
    I am a retired person who is able to supplement my income through forex trading. I am NOT in favor of
    the proposed change to the margin requirement. If this change goes through, it will effectively prevent
    me from trading in this field.
    I would prefer that you concentrate your regulatory efforts on controlling the gangsters on Wall Street
    rather than trying to hobble us little guys. With the bullion banks in charge of the precious metals
    markets and the big trading houses controlling stocks through "flash trading", what choices are left to
    the average individual?
    Regards,
    Hugh Stanfield