Comment Text:
i0-001
COMMENT
CL-04486
From:
Sent:
To:
Subject:
Harry Smallwood
Friday, January 29, 2010 6:47 PM
secretary
Regulation Of Retail Forex
1/29/10
I am opposed to the attempt to increase the margin requirement as proposed by the CFTC.
Raising the minimum to 10 percent would drive me out of the Forex retail market since such an increase
would require a margin beyond what I can afford.
More government control is not needed, and I heartily suggest that this proposal if passed, will force the
Forex marketplace to shut down with the loss of hundreds, if not thousands of jobs.
Just what our economy doesn't need, more government control over the financial business of the United
States of America!
HANDS OFF !
Harry Smallwood
GFT Forex retail customer.
[email protected]
I.D.: RIN 3038-AC61