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Comment for Proposed Rule 75 FR 3281

  • From: Alicia King
    Organization(s):

    Comment No: 4517
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04517
    From:
    Sent:
    To:
    Subject:
    alicia king
    Friday, January 29, 2010 9:35 PM
    secretary
    'Regulation of Retail Forex'
    IThe recently proposed margin changes by the U.S. Commodity Futures Trading Commission (CFTC)
    could increase the minimum margin requirement to 10 percent (10-to-1 leverage), which could destroy
    the U.S. retail foreign exchange industry.( ID number RIN 3038-AC61)
    ! feel that it's important that this 10:1 leverage rule must not stand, since the ability of the
    small forex trader, like myself, on a leverage basis will end.
    Sincerely,
    Alicia King