Comment Text:
i0-001
COMMENT
CL-04737
From:
Sent:
To:
Subject:
Jim Contant
Monday, February 1, 2010 3:13 PM
secretary
New Margin Proposal
Hi, I am writing in regards to the new Margin increase Proposal for Forex accts. I am a small trader right
now but very experienced .Had some misfortune in the year 2000 over our Mobil Station. I was very upset
when I heard about the current Proposal to increase Margin by 10 times the current requirements. I have
been working very hard at the currency trading for a year and one half. As I right this I am just starting to
now make money with it. I need this leverage to get back up from our problems in the year 2000. I am
experienced at Trading and this is all I have right now. This will have a significant impact on me and my
ability to get back up. I would like the CFTC to carefully reconsider this Proposal and possibly preventing
it from going through.
Thank you,
Sincerely,
Jim Contant
