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Comment for Proposed Rule 75 FR 3281

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  • From: Ex Parte Communication
    Organization(s):
    Citigroup

    Comment No: 26705
    Date: 3/19/2010

    Comment Text:

    Comment on Proposed Retail Foreign Exchange Rules

    March 19,2010

    During a conversation on unrelated matters, Mr. Jeff Feig of Citigroup mentioned to Chairman Gensler that his operation has clients who provide platforms for retail foreign exchange transactions. He asked why margin requirements would be higher for such providers than for CME. Chairman Gensler responded that the question would be a matter for deliberation. Lenel Hickson, Acting Regional Administrator in New York, was present.