Comment Text:
i0-001
COIMMENT
CL-06628
From:
Sent:
To:
Subject:
Tom Slover
Monday, March 8, 2010 10:32 PM
secretary
'Regulation of Retail Forex'
Dear Mr. Stawick,
RE: Regulation of Retail Forex RIN 3038-AC61
As a Forex trader, I would like to urge you to consider not altering the Forex
margin rules for Retail Forex. We who are self-guided Forex traders have not, and
realistically could not, in any way affect the market in the way that large financial
institutions do. Many of us, myself included, manage to make a modest living from
Retail Forex trading and depend on the margin requirements as they now stand.
All of us know the risks and also the advantages of trading on margin.
Please consider selective re-regulation where appropriate to each area of the
market, but don't penalize those of us who had no part in recent market abuses.
Sincerely,
Thomas M Slover
6116 NE 193rd Place
Kenmore, WA 98028
(425) 877-1757
