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Comment for Proposed Rule 75 FR 3281

  • From: Mary Potts
    Organization(s):

    Comment No: 7033
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07033
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, March 12, 2010 9:24 PM
    secretary
    RIN 3038-AC61
    Gentlemen:
    I am not in favor of your proposd change to the Forex system! It would eliminate people with a limited
    amount of money since you would be required to have a minimum margin of $10,000. Not only that, it
    would limit the amount on money you could make on a transaction with the 10:1. One would need to
    make so many more successful transactions to make any money!
    Not only would this increase the risk to the investor, it discourages people from trading. In this tough
    financial climate, this currently is one way a person can actually make decent money without even
    leaving their house!
    Please do not allow this change! You are making it so that a small investor cannot even trade!
    Mary Potts
    Del Norte, CO