Comment Text:
i0-001
COMMENT
CL-05646
From:
Sent:
To:
Subject:
Steve Gaines
Monday, March 1, 2010 1:07 PM
secretary
Commodities Margin Regulations
I am opposed to reducing the margin requirement on commodities to 10: 1. 100:1 is a reasonable level based on
the volatility of commodities such as foreign exchange products. If you make this change I will move my account
from my current US brokerage to a foreign brokerage with higher margin ~eve~s. And I will be voting in November
and I will remember what the administration and congress do about this change. The head of the CFTC should lose
his job for proposing this change.
Stephen Gaines
Dallas, Texas
