Comment Text:
i0-001
COMMENT
CL-01857
From:
Sent:
To:
Subject:
Rawle George
Thursday, January 21, 2010 1:42 PM
secretary
Commodity Futures Trading Commission (CFTC) Proposals ('Regulation of
Retail Forex' )
To whom it may concern,
am responding in relation to the above (reference RIN 3038-AC61).
am not an American citizen but I am involved in the Forex activities. Although I am not a professional trader, and
am still learning, one thing is evident. If there is a limitation in the leveraging, it I am limited in my capacity to
trade which to me does not appear from the onset to be a fair proposition.
Additionally, with the diminished leverage and the larger margin requirement it automatically will eliminate many of
us who may not be able to afford to trade at that level. It stands to reason that once a certain caption group is
eliminated I can forsee something happening, what can be termed the widening gap of unemployment especially
among many of us who may be depending solely on this trading as a main source of employment.
I would sincerely hope that you would reconsider and even if you may have to do such a thing which I am not in
agreement with, at least it should be done in such a way to facilitate every group without excluding any.
Thank you very much for permitting me the space to express my sincere views. No malice intended.
Rawl George -Investor
