Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Sukhen K Mitra
Organization(s):
Comment No:
1280
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01280
From:
Sent:
To:
Subject:
Sukhen Mitra
Wednesday, January 20, 2010 10:13 PM
secretary
Regulation of Retail Forex
Sub: RIN 3038-AC61
Sir/Madam,
I am a trader in retail currency market and I survive by trading. If the proposed 10:1 leverage
becomes effective, I'll not be able to trade at all.
In this market, I solemnly believe that we traders should be given a fair choice to set/adjust
leverage (or exposure) for our trades. To me, it seems 200:1 is an acceptable limit.
So long, leverage in currency markets has never been an issue to most (if not anybody) of us as I
know it. I wish and pray that you leave the leverage matter as it is.
Thank you and best regards
Sukhen K Mitra
