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Comment for Proposed Rule 75 FR 3281

  • From: Sunil Thakur
    Organization(s):

    Comment No: 2491
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02491
    From:
    Sent:
    To:
    Subject:
    Sunil Thakur
    Friday, January 22, 2010 7:52 AM
    secretary
    Regulation of Retail Forex
    Dear Sir/Madam:
    I would like to express my concern over the changes in leverage requirements making it 10:1. I believe
    this is very harmful to the industry and to individuals like myself, who do not have large amount of
    trading capital but would like to continue trading in the FX markets.
    In my own opinion, I think a 100:1 leverage is sufficient enough.
    Thank you,
    Sunil Thakur