Comment Text:
i0-001
COMMENT
CL-06191
From:
Sent:
To:
Subject:
Earl Perkins
Friday, March 5, 2010 12:02 PM
secretary
RIN 3038-AC61
Dear Mr. Stawick,
As a retail forex trader, I am extremely concerned about the recent proposed margin changes that could
increase the minimum margin requirement to 10 percent. Such a change to the current minimum
requirements would be devastating to retail forex traders here in the US.
I have spent a considerable amount of time learning money management and trading strategies. I
understand the risk and it should be mine to take. By implementing RIN 3038-AC61 you will be putting
me out of business.
I therefore urge you to reconsider the proposed margin changes and not allow this rule to stand. It will
harm the average citizen in a time when we need to hold on to our dreams in the knowledge that we will
not be excluded from competing in the forex market.
Our government has already allowed so many jobs to leave the United States. Don't make me have to
finish out my years also trading with a foreign broker because of RIN 3038-AC61.
Earl Perkins
