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Comment for Proposed Rule 75 FR 3281

  • From: Matt Gagnon
    Organization(s):

    Comment No: 2029
    Date: 1/21/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-02029
    From:
    Sent:
    To:
    Subject:
    Matt Gagnon
    Thursday, January 21, 2010 5:39 PM
    secretary
    Regulation of Retail Forex
    Dear CFTC,
    While I think that the retail forex industry does need some more regulations to protect the consumer.
    Lowering the current margins from 100:1 to 10: l is not only unwise but downright silly. Having the
    ability to use up to 100 times margin is something that makes forex exciting and very profitable for
    educated investors
    Yes. Regulate away but don't mess with my margin.
    Thanks for your time.
    Matt Gagnon
    Retail Forex Trader
    [email protected]
    971-645-7069