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Comment for Proposed Rule 75 FR 3281

  • From: Rajni Tyagi
    Organization(s):

    Comment No: 3509
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03509
    From:
    Sent:
    To:
    Subject:
    Raj
    ni
    Tyagi
    Sunday, January 24, 2010 11:59 AM
    secretary
    Regulation of Retail Forex
    To whom it may concern,
    I am a retail trader and I am strongly opposed to the 10:1 leverage
    proposal by the CFTC.
    The liquidity provided by retail traders increase the efficiency of
    the markets. Removing them, or unfairly pricing them out of the
    markets will result in increased price volatility overall and decrease
    the efficiency of the markets which is bad for everyone.
    Kindly reconsider this proposal.
    Thank you
    Rajni Tyagi