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Comment for Proposed Rule 75 FR 3281

  • From: Prem Krishna
    Organization(s):

    Comment No: 5120
    Date: 2/7/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05120
    From:
    Sent:
    To:
    Subject:
    Prem Krishna
    Sunday, February 7, 2010 4:03 PM
    secretary
    Regulation of Retail Forex
    I am writing with regards to proposed regulation to restrict the leverage to 1:10 in Forex Futures. Lot of
    traders who cann't afford large capital wouldn't be able to trade with this rules. It will also impact the
    small traders negatively as it may resulting in people borrowing money just to meet the margin
    requirement. I would really appreciate it if you can reconsider this rule.
    Thanks,