Comment Text:
i0-001
COMMENT
CL-05510
From:
Sent:
To:
Subject:
Josh Duesterbeck
Monday, February 22, 2010 5:56 PM
secretary
Regulation of Retail Forex
I am writing to voice my opinion that I am against the recent proposal to increase margin requirements from 100:1 to the
proposed 10:1 leverage.
This new regulation will in practical terms close the door to retail investors learning to trade. The financial markets should
not be limited to solely the large financial institutions. We, as traders, know the risks involved in trading and don't need
these overbearing proposals effectively squelching us out of this market.
Thank you for your time.
Josh Duesterbeck
FX Trader
La Crosse, WI
