Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Shashi Joshi
    Organization(s):

    Comment No: 1109
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01109
    From:
    Sent:
    To:
    Subject:
    Shashi Joshi
    Wednesday, January 20, 2010 7:36 PM
    secretary
    Regulation Of Retail Forex
    Hello.This is Shashi Joshi.Please do not change the margin requirements from 100:1 to 10:1,because in
    these times of layoffs and business closures the 100:1 margin is needed more than ever to pay the
    bills.The company I worked for first did a 40% layoff and then a couple of months later closed
    totally. So,PLEASE take these company closures and layoffs into account when making your
    decision,because RETAIL FOREX trading has helped alot of people SURVIVE after the layoffs.Thank
    you and GOD BLESS .......... Shashi J