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Comment for Proposed Rule 75 FR 3281

  • From: Samuel DiMuzio
    Organization(s):

    Comment No: 6973
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06973
    From:
    Sent:
    To:
    Cc:
    Subject:
    Samuel DiMuzio
    Friday, March 12, 2010 8:13 PM
    secretary
    [email protected]
    Regularion of retail forex
    Reference RIN 3038-AC61, the proposed regulations adds no value to the trader and only adds more
    paperwork for the government. It is useless.
    It is the responsibility of the individual to determine risk. I am for maintaining and further expanding
    the leverage. Further, the margin of $1,000 is fine
    with me. Margin requirements of $10,000 will initiate an exodus adversely affecting the fx market.
    Get real.