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Comment for Proposed Rule 75 FR 3281

  • From: Catherine Wanjohi
    Organization(s):

    Comment No: 5903
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05903
    From:
    Sent:
    To:
    Subject:
    Catherine Wanjohi
    Thursday, March 4, 2010 3:16 AM
    secretary
    Regulation
    Good morning Mr Secretary
    thank you for the opportunity to air my view regarding the proposed regulation.
    Am a trader in Africa and I regret that by changing the leverage from 100:1 to 10:l will mean doom for small forex traders
    such as myself. This change ideally means one has to have at least $2500 to open an account and be able to trade at least
    one lot. ! wonder how many small investors can afford this.
    Kindly rethink this issue.
    Sincerely,
    Catherine