Comment Text:
i0-001
COMMENT
CL-04463
From:
Sent:
To:
Subject:
Lewis F. Jones III
Friday, January 29, 2010 5:46 PM
secretary
Regulation of retail forex
Hello,
I am voicing my opinion against the proposed RIN 3038-AC61 tightening of leverage requirements for
froex traders. I keep my account small and use the money I make in the FOREX market for extra
expenses. I cannot afford to leave large sums of capital in a FOREX account because of 10-1 margin
requirements. This will eliminate thousands of home office traders and US retail forex companies, and
worsen the already struggling job market in the United States.
Please leave margin requirements at 100-1 so more traders can participate in the World Currency
markets..
Thank you.
Lewis Jones,
Illinois
