Comment Text:
i0-001
COMMENT
CL-08010
From:
Sent:
To:
Subject:
Paul Lindsey
Tuesday, March 16, 2010 6:15 PM
secretary
Concerning the 10:1 Forex margin
Mr secretary;
I read and hear about the proposed changes in the forex trading guidelines and am trying to figure out what you
think the changes will accomplish. From the things read and heard it seems all it will accomplish is to drive most
if not all forex trading off shore from the US. I have not heard one positive comment about the proposal.
I have been trading in forex for a few years and have not spent myself into bankruptcy, by God's grace all my bills
are paid and I have enough sence to know my limits in trading. My opinion is that this idea is not good for US or
the traders in the US. I cannot see where it will help anyone, unless it is the brokers in foreign countries. I don't
know who you are trying to please with this decision. Paul Lindsey, 4969 Elizabeth Way, Lilburn, Ga 30047