Comment Text:
i0-001
COMMENT
CL-04570
From:
Sent:
To:
Subject:
Mike Woodside
Saturday, January 30, 2010 9:13 AM
secretary
Regulation of Retail Forex
Dear Mr. Secratary,
While I could careless about the forex companies and their potential losses, I would, as an individual
forex trader, like to state my dissapproval of such an extreme measure as a 10:1 margin. While I do
agree that it is necssary to protect most retail traders from them selves, it is also necessary to allow
people like me, who does not have alot of money to invest, to be able to explore these avenues for
possible financial independance.
So, please do not implement rule R1N 3038-AC61 as it is written. Consider the rest of us.
Thank you kindly
Mike Woodside