Comment Text:
i0-001
COMMENT
CL-01861
From:
Sent:
To:
Subject:
Trent Eyring
Thursday, January 21, 2010 l:52 PM
secretary
Regulation of Retail Forex baloney
To whom it may concern,
I urge you in the strongest possible terms not to enact rules which severely hurt the retail Forex investor by
limiting our margin to 10:1 instead of the current 100:1. I make a large portion of my income through retail forex
and the proposed rule changes in RIN 3038-AC61 would only hurt people like me. I don't see how any further
rule changes are necessary since the change to 100:1 maximum margin was just enacted. That should be
enough to curb any issues or problems with excess margin being thrown around by retail brokers as a way to
suck more money out of retail traders. This kind of rule proposal is exactly the kind of thinking that will lead to the
collapse of our capitalist system. I resent being told that I am not mature or responsible enough to decide what is
an appropriate risk level for me. I certainly do not think it is the government's job to tell me this!
Sincerely,
J. Trent Eyring
