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Comment for Proposed Rule 75 FR 3281

  • From: Sai Burra
    Organization(s):

    Comment No: 2908
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02908
    From:
    Sent:
    To:
    Subject:
    Sai Burra
    Friday, January 22, 2010 5:50 PM
    secretary
    Regulation of Retail Forex
    identification number RIN 3038-AC61
    I am against this new proposal of reducing the leverage. And this change will just kick me out of market. I would quit
    trading if this change comes into effect.
    Every trader understands their as I do, and trader should have choice to choose leverage and consequently risk
    levels,
    I am sure this change will make most of the retail traders quit Trading. Though I don't know the effect of retail
    traders quitting.
    I do spot Forex trading and Forex.com is my broker. I will be Glad if my opinion counts.
    Thank
    Sai Burra