Comment Text:
i0-001
COMMENT
CL-07523
From:
Sent:
To:
Cc:
Subject:
Paul Kumnick
Sunday, March 14, 2010
8:09 PM
secretary
[email protected]
opposition
to forex margin change
Dear Secretary
Restricting the leverage will reduce the opportunity for more to join
the market.
It is already hard enough for small retail traders to get started,
with a steep learning curve, and that is without the requirement for
more cash up front.
If you must make a change, perhaps increase the margin requirement
only for those trading more than 10 million.
Also it may cause large amounts of funds to be removed from US dollar
trading, which might signifigantly reduce the value of your currency.
Please reject this disastrous proposal.
Go well,
Paul Kumnick
