Comment Text:
i0-001
COIMMENT
CL- 0 65 97
From:
Sent:
To:
Subject:
kneiman
1
@aol. com
Monday, March 8, 2010 6:57 PM
secretary
Public Comment Form
Below- is the result of your feedback form. It was submitted by
(kneimanl@aohcom) on Monday, March 08, 2010 at 18:57:02
commentersubject: Regulation of Retail Forex
commenter comments: I am a senior citizen. I trade Forex. I am on a
fixed income and have limited resources. I trade
responibly. Why are you going to force me to move
my trading account offshore? Is it because you want
to be my "big brother"? Who are you trying to
protect by changing the margine requirements? Is it
that you are bending to the will of the banks and
institutions who would prefere that small investors
would not have access to the Forex market? Are you
trying to protect small investors that won't take
the time to learn how- to trade responsibly? Rest
assured, you will not be helping me. In fact, you
will
probably be harming me by forcing me to move my
account offshore where I may have less control over
it. The brokers make substantial dollars from the
Forex market. Don't you think that it would better
if the taxes paid on brokers profits were paid to
the United States? Of course, down the road, I am
sure that some commission or other will decide to
put another restriction on us, so that we will have
to pay for trading offshore. Please do not change
the margin requirements for trading Forex.
commenter name: Kenneth Neiman
commenter withhold address on: ON
commenter addressl: 2521 Lotus Hill Dr
commentercity: Las Vegas
commenter state: NV
commenter zip: 89134
commenter fax: 702-445-7232
commenterphone: 702-445-7232