Comment Text:
i0-001
COMMENT
CL-07564
From:
Sent:
To:
Cc:
Subject:
INFO
Monday, March 15, 2010 2:55 AM
secretary
[email protected]
'Regulation of Retail Forex'
I object to the new proposed regulation for minimum margin requirement.
This will keep alot of people from trading forex in the US.
It seems to me that it has not been thought through thoroughly, because the US resident
who wants to trade at 100:1 margins will simply open an account with a broker in the UK or
anywhere else but the US.
So why must the US broker be penilised by regulation and being withheld from participating
in this market when the rest of the world is doing it in anyway?
Or am I missing something?
Regards
Henry Harper
