Comment Text:
i0-001
COMMENT
CL-05797
From:
Sent:
To:
Subject:
Mark Moline
Wednesday, March 3, 2010 9:04 PM
secretary
Regulation of Retail Forex
Mr. Secretary,
I am a retail FX trader, supplementing my income using a small trading account. I regularly employ leverage to
generate the necessary returns from my account. I strongly oppose any reduction in margin for retail forex
trading. All retail forex trading houses have safe guards in place to protect from loss of capital outside of the
client's account. If a trader wishes to risk his entire account on a trade, or series of trades, he/she should be able
to do so.
Further regulation is not the way to solve the issues troubling our financial system, especially regulation of retail
traders.
Regards,
Mark B. Moline
(760) 458-4899 mobile
(949) 861-6388 eFax
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