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Comment for Proposed Rule 75 FR 3281

  • From: Keith Casey
    Organization(s):

    Comment No: 4472
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04472
    From:
    Sent:
    To:
    Subject:
    Keith Casey
    Friday, January 29, 2010 6:06 PM
    secretary
    Regulation of Retail Forex
    Mr. David Stawick
    Secretary Commodity Futures Trading Commission
    Washington, D.C.
    Dear Mr. Stawick:
    I am writing to ask that you do not change the margin requirements for currency trading as
    proposed by RIN 3038-AC61.
    It would prevent small traders, like myself, from trading on the exchange. I understand that
    I could always move my account overseas to GB or Australia, etc., but I always conduct all
    my business in the U.S, when possible. The new regulation, if approved, would prevent me
    and thousands of others from doing so.
    At a time when the President's focus seems to be on increasing employment, I think the new
    regulation would result in hundreds of layoffs in the industry as well as a loss of tax
    revenue.
    I would appreciate whatever you could do to prevent this from happening.
    Very truly yours,
    Keith Casey
    Lawson Rock, Sandy Bay, Roatan
    Bay Islands, Honduras
    U.S. Telephone - 904-236-6970
    Cell: 504-9508 82 81
    Home Phone: 445-2814
    e-mail: Roatanwriter@Gmail. com