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Comment for Proposed Rule 75 FR 3281

  • From: Kirti Patel
    Organization(s):

    Comment No: 2275
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02275
    From:
    Sent:
    To:
    Subject:
    kirti patel
    Thursday, January 21, 2010 9:16 PM
    secretary
    Regulation of Retail Forex
    Sir:
    The proposed CTFC rules for margin/leverage(10:1) 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 unscrupulous off-shore brokers, or risk more of their capital to trade forex,
    thus increasing their risk and exposure. And these are done in the name of consumer protection?
    Kerty