Comment for Proposed Rule 75 FR 3281
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From:
Nilesh Gite
Organization(s):
Comment No:
2104
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02104
From:
Sent:
To:
Subject:
Nilesh Gite
Thursday, January 21, 2010 7:06 PM
secretary
Regulation of Retail Forex
Identification Number
Dear Sir,
Good Afternoon.
RIN 3038-AC61
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