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Comment for Proposed Rule 75 FR 3281

  • From: Kerty Patel
    Organization(s):

    Comment No: 2259
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02259
    From:
    Sent:
    To:
    Subject:
    kirti patel
    Thursday, January 21, 2010 8:55 PM
    secretary
    Proposed CTFC margin/leverage rules
    Sir:
    The proposed CTFC rules for margin/leverage requirement for trading forex would not protect the retail
    traders, but these rules would drive these traders out of the trading forex altogether. Most of them would
    be forced to go with off-shore brokers, or risk more of their capital, thus increasing their risk and
    exposure. And these are done in the name of consumer protection?
    Kerty