Comment Text:
i0-001
COMMENT
CL-01150
From:
Sent:
To:
Subject:
[email protected]
Wednesday, January 20, 2010 9:17 PM
secretary
'Regulation of Retail Forex'
RIN 3038-AC61
I have been a forex trader for 5 years and a trader in other markets for 10 years, and I do not think any
more regulation is needed in forex! Risk is a part of traders and risk disclosures that are made are
adequate. The market is already protected in that margin requirements are strictly enforced and all
trades are closed once the margins are all that is left in the account unlike stock and commodity
brokerage accounts where due to volatility in the market you can lose more than you invested.
Enough recent regulations have been enacted. NO MORE IS NEEDED.
Jantonio Turner
Forex Trader