Comment Text:
i0-001
COMMENT
CL-06457
From:
Sent:
To:
Subject:
James Beatty
Sunday, March 7, 2010 8:24 AM
secretary
Regulation of Retail Forex
Rel~ardinl~ RIN 3038-AC61-
The CFTC will put me out of business if it chanl~es the leveral~e rules! Why are you considerinl~ the chanl~es?
It's crazy for you to attempt to rel~ulate an international market by imposinl~ impossible marl~in requirements on
the little I~uys in the U.S.
Perhaps you should ONLY rel~ulate the bil~ money I~uys; the funds. They and the banks are the only ones who
move the currency markets each day, not the little retail traders.
I DO NOT need the CFTC to protect me! I will protect myself, IF that is why you are considerinl~ the chanl~e in
the first place. I am stronl~ly opposed to your leveral~e chanl~es.
Michael Beatty
Lafayette, LA
337-456-4709 home/office
