Comment Text:
i0-001
COMMENT
CL-06163
From:
Sent:
To:
Subject:
Lewis F. Jones III
Friday, March 5, 2010 11:16 AM
secretary
Leverage in retail Foreign Exchange
Hello,
I am voicing my opinion against the proposed R1N 3038-AC61 tightening of leverage requirements for
froex traders. I keep my account small and use the money I make in the FOREX market for extra
expenses. I cannot afford to leave large sums of capital in a FOREX account because of 10-1..m..~.r.g.i..n.
.r.~.q9.i..r.~..m..~..n.~t.s
..
This will eliminate thousands of home office traders and US retail forex companies, and
worsen the already struggling job market in the United States.
Please leave margin requirements at 100-1 so more investors can participate in the World Currency
markets..
Thank you.
Lewis Jones,
Illinois
