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Comment for Proposed Rule 75 FR 3281

  • From: Beat Walter
    Organization(s):
    Walter Systems AG

    Comment No: 7166
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07166
    From:
    Sent:
    To:
    Cc:
    Subject:
    Beat Walter
    Saturday, March 13, 2010 4:27 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear CFTC
    Just learned about your plans to impose lower trading margins on Forex Retail accounts in your case RIN
    3038-
    AC61.
    This will make it impossible for smaller traders, like I am, to do system trading and maintain a portfolio of
    systems and trades. This is NOT helpful at all and disagree with this plans.
    As a foreigner to the US, I would have to close my Forex activity in the US and turn to other places to trade.
    Thanks for your considerations.
    Kind regards;
    Beat
    Beat Walter, Walter Systems AG
    Morgenstrasse 129 CH-3018 Bern Switzerland
    Tel ++41 31 998 41 71 Fax++41 31 994 20 09
    Web: www.walter.ch
    e-mail:
    [email protected]