Comment Text:
i0-001
COMMENT
CL-03783
From:
Sent:
To:
Subject:
BRIAN BECKMAN
Monday, January 25, 2010 1:20 PM
secretary
Regulation of Retail Forex
RE: RIN3038-AC61
DearCFTC,
I am a Forex retail customer with an American Forex Retail broker. I recently learned of the a proposal
to change the leverage/margin aspects of retail Forex accounts. I wish to voice that I am a~gainst this
proposal. In the aftermath of the economic woes brought on partly by loosely regulated and "out of
control" banking/trading methods, I understand that regulations are needed to control abuse of the past.
However, this proposal will be too extreme and will limit or eliminate individual traders and investors in
participating in a progressive way to generate income, which in turn goes back into the economy. Please
do not consider the path of regulation to this extreme.
Thank you for your attention in this matter.
Sincerely,
Brian Beckman
