Comment Text:
i0-001
COMMENT
CL-05602
From:
Sent:
To:
Subject:
kevin
Friday, February 26, 2010 4:23 PM
secretary
Regulation of Retail Forex
As a "retail trader", I wish to express my strong disagreement with the CFTC changing the margin requirements.
I am aware that high leverage means high risk, and that some retail traders fail to understand this. However, an
education issue should not be dealt with through regulations. The changes that are proposed cuts off significant
FOREX access to retail traders, inappropriately. Access to these markets should not be restricted to large
institutions. Individual retail access helps add liquidity to the markets.
Regardless of regulations, some traders lose money. Some traders lose money fast. Regulations should not be a
means of addressing this fact. This is the way of trading.
Let the retail market trade the Forex!
Regards,
-Kevin Morgan
1871 16th Avenue
San Francisco, CA 94122
415-601-0014
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