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Comment for Proposed Rule 75 FR 3281

  • From: Derek Smith
    Organization(s):

    Comment No: 2136
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02136
    From:
    Sent:
    To:
    Subject:
    Derek
    Thursday, January 21, 2010 7:26 PM
    secretary
    Regulation of Retail Forex
    CFTC secretary,
    Please do not change the leverage and margin requirements for currency trading in the US!
    Why are elected officials taking it out on the little guys? America is supposed to be the land of opportunity.
    Raising the margin requirements and reducing the leverage will make it unreasonable for me to participate in this
    market, a market that has been quite profitable for me.
    Please call if you are willing to discuss this.
    Thank you for your consideration,
    Derek Smith
    Independent Forex trader and citizen
    281-222-6080
    Spring, Texas