Comment Text:
i0-001
COMMENT
CL-08551
From:
Sent:
To:
Subject:
Tracy Harnann
Thursday, March 18, 2010 9:02 PM
secretary
Regulation of retail forex
To whom it may concern,
Please note any extreme concern regarding the proposed change of margin per RIN 3038-AC61, which would increase
margin for one unit from $1,000. to $10,000. I have traded retail forex for 8 years and have always managed to limit any loss
with use of stop loss orders. This proposed restrictive change would force many out of business or to move accounts to other
countries where there is no benefit of cftc oversight. Please don't force more of our business overseas.
Sincerely,
Tracy Hamann