Comment Text:
i0-001
COMMENT
CL-05063
From:
Sent:
To:
Subject:
Thomas Birt
Friday, February 5, 2010 4:10 PM
secretary
Protest email re proposed FOREX Margin Reduction
Greetings CFTC...
I am another concerned US Citizen writing your organization re the pending proposal by the CFTC to reduce the
margin on US FOREX retail trading accounts to 10:1
I am asking your regulatory group to seriously reconsider the proposed adjustment and keep it where it currently
is at 100:1 ... With all that I am reading in the market more serious efforts need to be made by regulatory
agencies to deal with fraud in the market where this proposed move on FOREX margin really only hurts the retail
brokers general business and the average day traders abilities to build earnings...
Thank you for your consideration.., and vote no on the FOREX Margin reduction proposal...
Respectfully submitted...
Thomas Birt
