Comment Text:
i0-001
COMMENT
CL-03801
From:
Sent:
To:
Subject:
clint barger
Monday, January 25, 2010 2:59 PM
secretary
Regulation of Retail Forex
Hello, I am writing to voice my opinion regarding the new retail forex regulations that are being
proposed (RIN 3038-AC61). It is my understanding that a maximum leverage of 10:1 is being
proposed, which would require a considerablly greater margin amount on my behalf as a retail investor.
I am strongly opposed to this new regulation, as it would make the accessibility of retail forex investing
for "small fish" like myself essentially impossible. Please do not take the opportuinty for those who
have smaller margin amounts away. I am steadily working my way to better proficiency, and the ability
to have 100:1 leverage makes it possible for me to participate; 10:1 would put me out entirely as I
wouldn't have enough to even begin until I essetially had 10 times the amount of money in my margin
account. I am one of a hopeful majority that opposes this new regulation, and I will ensure that my
voice is heard not only to you, but to my local congressman and any other parties who have the ability to
leave the present margin regulation as they are now.
Sincerely,
Clint Barger
