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Comment for Proposed Rule 75 FR 3281

  • From: Frank Dodaro
    Organization(s):

    Comment No: 131
    Date: 1/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00131
    From:
    Sent:
    To:
    Subject:
    Frank Dodaro
    Friday, January 15, 2010
    9:44
    PM
    secretary
    Regulation of Retail Forex
    Dear Sirs,
    I have recently heard that you may be changing the margin requirement for forex trading to about 10: l.
    and does not allow enough flexibility in trading. The current 100:1 ratio is where it should stay.
    Thank you,
    This is way too low
    Frank Dodaro

    From uploaded file 131_BPACConsole.txt:

    1/4/2010 3:55:29 PM... 23 change(s) to BPAC list.
    1/4/2010 4:02:59 PM, True... 23 change(s) to BPAC list.