Comment Text:
i0-001
COMMENT
CL-06500
From:
Sent:
To:
Subject:
Mark Barum
Sunday, March 7, 2010 7:41 PM
secretary
Regulation of Retail Forex
Commodity Futures Trading Commission,
I would like to take this opportunity to express my concern to any change and my desire to maintain the current
leverage in the Forex Currency markets. I believe this is in regards to RIN 3038-AC61.
It is critically important in today's economy to maintain the fluidity currently available in the currency markets.
It does not require a great deal of research to understand that if the incentive is removed from the "Markets"
that there will little or no desire to participate. Noting that we are experiencing the worst economic upheaval
since the 1930's it is imperative to maintain the incentives necessary to move us out of the this financial
situation.
I would ask that you not disturb the current leverage of 1:100 that is available in the market place. I would add
that leverage above this level is most likely unnecessary.
Please consider this request and all the others like it and allow the current leverage to be the staple in the
currency market. Lowering it would lead to further aggravating a tenuous situation in our country's economy as
well as the world wide econony.
Sincerely,
MarkA. Barum
