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Comment for Proposed Rule 75 FR 3281

  • From: Andy Barnett
    Organization(s):

    Comment No: 7249
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07249
    From:
    Sent:
    To:
    Subject:
    Andy Barnett
    Saturday, March 13, 2010 9:46 AM
    secretary
    Margin Change
    My wife and myself have spent a significant amount of money and a even larger amt of time learning
    how to trade the Forex market. We have learned how to keep our risk to a minimum, we started with a
    small account ( which we still have) have made the beginners mistakes, bad luck and had trades go
    against us. At all times we had stops in place and watched our trades and kept our losses small as we
    learn, our small account will grow and our investment in our FOREX education will pay for itself.
    Reducing the allowable leverage to 10:1 will prevent hard working people like us from entering this
    market, all because lazy people who do not want to spend the time and effort that it takes to trade this
    market.
    Andy Barnett
    Barnett Electric
    817 444-6830
    barnett, electric@yahoo, com