Comment Text:
i0-001
COMMENT
CL-00112
From:
Sent:
To:
Subject:
Nilesh Gite
Friday, January 15, 2010 7:02 PM
secretary
"Regulation of Retail Forex"
Identification Number RIN 3038-AC61
Dear Sir,
Good Afternoon.
I strongly disagree with the CFTC proposal to restrict leverage across the board to 10 to 1 leverage. I am
a retail trader and we are
already suffering from previous leverage down, margin up and position clearing as FIFO.
So I would very kindly like to request you not to take such an action which will eliminate players like us
from market.
Yours truly,
Nilesh Gite