Comment Text:
i0-001
COMMENT
CL-06239
From:
Sent:
To:
Subject:
Ray Benton
Friday, March 5, 2010 1:56 PM
secretary
Regulation of Retail Forex
RE: RIN 3038-AC61
I COMPLETELY disagree with the change being considered to reduce the margin to 10:1. As a matter of fact, it
should be increased not decreased. If it is changed, the accounts I'm involved with will simply move funds offshore
and into foreign banks for purposes of trading; Dukascopy in Switzerland is already clamoring for our business. You
are messing around with a very dangerous area of fx trading and can cause irreparable damage with the proposed
change.
Regards,
Ray Benton
(954) 295-1700
(954) 208-8885 e-fax
Skype: raybenton (561) 922-8928
