Comment Text:
i0-001
COMMENT
CL-05783
From:
Sent:
To:
Subject:
Sikandar
Wednesday, March 3, 2010 8:29 PM
secretary
Regulation of Retail Forex
Dear Mr David Stawick,
Reference proposed broad regulatory changes including "FOREX TRADE" leverage reduction from 100:1
to 10:1
I would like to input my experience as small invester.
I used to be very active forex trader doing 3-5 trades a day before Nov 2009 when 1st regulatory
change reduced leverage from 200:1 to 100:1. Since that change as of todate I have done only one
trade.
With the new change I will not be able to do any trade and will left with no choice other than to pull my
money from the capital market.
My humble request to consider this matter.
Thanks.
Sikandar Lodhi
Nam Polymers Inc.
T:4166798765 F:4166747658
