Comment Text:
i0-001
COMMENT
CL-04472
From:
Sent:
To:
Subject:
Keith Casey
Friday, January 29, 2010 6:06 PM
secretary
Regulation of Retail Forex
Mr. David Stawick
Secretary Commodity Futures Trading Commission
Washington, D.C.
Dear Mr. Stawick:
I am writing to ask that you do not change the margin requirements for currency trading as
proposed by RIN 3038-AC61.
It would prevent small traders, like myself, from trading on the exchange. I understand that
I could always move my account overseas to GB or Australia, etc., but I always conduct all
my business in the U.S, when possible. The new regulation, if approved, would prevent me
and thousands of others from doing so.
At a time when the President's focus seems to be on increasing employment, I think the new
regulation would result in hundreds of layoffs in the industry as well as a loss of tax
revenue.
I would appreciate whatever you could do to prevent this from happening.
Very truly yours,
Keith Casey
Lawson Rock, Sandy Bay, Roatan
Bay Islands, Honduras
U.S. Telephone - 904-236-6970
Cell: 504-9508 82 81
Home Phone: 445-2814
e-mail: Roatanwriter@Gmail. com