Comment Text:
i0-001
COIMMENT
CL-04626
From:
Sent:
To:
Subject:
mj amesb
Saturday, January 30, 2010 10:48 PM
secretary
Regulation of Retail Forex
Attention Mr. Stawick,
It has come to my attention that the CFTC may again increase the margin requirements in the US Forex Market. I would
like to voice my opinion that I oppose this regulation. If this were to pass it would put trading in the Forex market out of
reach for most retailers like myself. I would be forced to try and find an offshore trading account or get out of the market all
together. I fully understand the risks that I take while trading in the Forex market and that I am a minnow amongst sharks.
However, I believe that the risk is mine to take and I do not seek the protection of any additional regulation of margin
requirements.
Please consider the impact this regulation would have on the retail traders in the United States and leave the margin
requirements as they currently stand.
RIN 3038-AC61
Sincerely,
Mark J Byron