Comment Text:
i0-001
COMMENT
CL-06577
From:
Sent:
To:
Subject:
Hugh Stanfield
Monday, March 8, 2010 5:12 PM
secretary
Regulation of Retail Forex
Dear Sir,
I am a retired person who is able to supplement my income through forex trading. I am NOT in favor of
the proposed change to the margin requirement. If this change goes through, it will effectively prevent
me from trading in this field.
I would prefer that you concentrate your regulatory efforts on controlling the gangsters on Wall Street
rather than trying to hobble us little guys. With the bullion banks in charge of the precious metals
markets and the big trading houses controlling stocks through "flash trading", what choices are left to
the average individual?
Regards,
Hugh Stanfield