Comment for Proposed Rule 75 FR 3281
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From:
Rajesh Narendran
Organization(s):
Comment No:
2868
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02868
From:
Sent:
To:
Subject:
Rajesh Narendran
Friday, January 22, 2010 4:49 PM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail Forex
Hello,
I was reading some article and came upon one of them which stated that CFTC is considering to
add more regulation of Retail Forex market by changing the maximum from 100:1 to 10:1. For a
retail trader like me who gets some extra money while trading forex, this is going to deal a severe
blow to my trading account.
In the recent past the regulation had made the leverage from 200:1 to 100:1 and it affected my
ability to trade. Now with this change it will seriously impact me. I urge you to please re-consider
this decision.
Thanking you
Regards
Rajesh Veliyath
Cumming, GA
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