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Comment for Proposed Rule 75 FR 3281

  • From: Robert Oesterle
    Organization(s):

    Comment No: 8337
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08337
    From:
    Sent:
    To:
    Subject:
    Robert Oesteerle
    Wednesday, March 17, 2010 9:23 PM
    secretary
    Regulation of Retail Forex
    I wanted to take this opportunity to comment on RIN 3038-AC61. I prefer to utilize brokers that are registered
    with the CFTC. However, if they are restricted to margins of 10:1 as opposed to 100:1 then I will utilize brokers
    that are overseas and not registered with the CFTC. I would agree with limiting the margin to 100:1 as opposed
    to 400:1 since I feel the additional risk of the later is not warranted.
    Robert Oesterle
    31345 E Nine Dr
    Laguna Niguel, CA 92677
    [email protected]