Comment Text:
i0-001
COMMENT
CL-05313
From:
Sent:
To:
Subject:
Tim Allen
Wednesday, February 10, 2010 7:49 PM
secretary
Regulation of Retail Forex
February 10, 2010
U.S. Commodity Futures Trading Commission
1155 21st Street, NW.
Washington, DC 20581
Attn Mr. David Stawick, Secretary, Commodity Futures Trading Commission
Re: Regulation of Retail Forex - RIN 3038-AC61
I object to the new regulation, specifically the restriction of leverage. I support the concept of brokers falling under
CFTC regulation and would prefer to trade through one of these brokers, but if the margin requirements are
changed as proposed, I would take my business elsewhere. I feel that the disclaimers, warnings and all other
information that is given to traders regarding forex and trading using leverage is currently more than adequate to
allow an individual to invest their money with all necessary knowledge as to the risks.
Sincerely,
Tim Allen
