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Comment for Proposed Rule 75 FR 3281

  • From: Frank Oakerson
    Organization(s):

    Comment No: 6947
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06947
    From:
    Sent:
    To:
    Cc:
    Subject:
    Frank
    Friday, March 12, 2010 7:52 PM
    secretary
    [email protected]
    'Regulation of Retail Forex'
    Greetings:
    NO on both accounts. Your margin proposals are way too low. People are getting
    into forex to get out of the rat race and many do not have $10,000 to start an
    account. That would leave forex just for the rich.
    Second your leverage is way too low. 10 - 1 is a joke. Why do forex if you do that?
    Or you trying to send all forex investors overseas?
    We can still get 100 - 1 there?
    Here is your identification number:
    RIN 3038-AC61.
    Thank you for your time.
    Working until the trumpet sounds,
    Frank Oakerson
    www.needgod.com