Comment Text:
i0-001
COMMENT
CL-04331
From:
Sent:
To:
Subject:
eric johnson
Thursday, January 28, 2010 7:51 AM
secretary
Proposed Retail Forex regulation
Hello,
I have been a professional trader and educator for about 10 years now. I began trading Forex for it's
many benefits and 24 hour markets. I hope that the 10:1 margin proposal control is not enforced. If it is,
I will look to move my investments and trading overseas for the better margin levels. There is already
enough flight from the dollar, US businesses and brokerages. Too much regulation brings down US tax
revenue and investment.
I am confident that the regulators have economic reasons to consider, I just hope that longer term
effects shape the decision. Thank you for your consideration, Eric Johnson