Comment Text:
i0-001
COMMENT
CL-01456
From:
Sent:
To:
Subject:
Michael Margolese
Thursday, January 21, 2010 1:14 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear Sir or Madam,
I am an active Forex trader and I am strongly opposed to the proposed
changes to the leverage and margin requirements for retail forex brokers.
To be brief with this proposal I will be forced out of the market and will no
longer be able to trade profitably.
Please do not change the rules anymore. I am fully aware of the risks of forex
trading and have accounted for those risks in my trading systems and models.
Thank You,
Michael Margolese
Principal Engineer
Tenuvah Designs
http ://www.tenuvahdesigns. corn
