Comment Text:
i0-001
COMMENT
CL-01731
From:
Sent:
To:
Subject:
John Bowen
Thursday, January 21, 2010 11:09 AM
secretary
Forex trading
Please leave my margin requirements alone. The current requiremets serve me well and have never resulted
in an uncontorlled or unacceptable draw down on my account when the market has moved contra to my position.
All retail customers that I am aware of are well equiped with stop loss orders and other account management
techniques. Your incrasing margin requirements will seriously erode my opportunity and the achievement of my
investment objectives.
For those traders who are foolish in thier trades with the current margin requirements will also be foolish in their
trades with any new margin requirements. Responsibe traders need the current margin requirements to remain
constant. Therefore you will not accomplish anything positive with increased margin requirements.
John J. Bowen