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Comment for Proposed Rule 75 FR 3281

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  • From: Dennis Motyka
    Organization(s):

    Comment No: 737
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00737
    From:
    Sent:
    To:
    Subject:
    Dennis Motyka
    Tuesday, January 19, 2010 5:12 PM
    secretary
    Regulation of Retail Forex RIN 3038-AC61
    I am vehemently opposed to the reduction of the current 100:1 margin requirement being reduced to
    10:1 by the CFTC. As a current forex trader, I fully understand
    the risk of leverage and feel that it should be my choice to make, not a bureaucratic
    decision prompted by some special interest group.
    Sincerely,
    Dennis Motyka