Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Ben Meiselman
    Organization(s):

    Comment No: 3557
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03557
    From:
    Sent:
    To:
    Subject:
    bmeiselm@ucla, edu
    Sunday, January 24, 2010 3:52 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    I agree with the proposed changes except for the maximum allowed
    leverage part. Perhaps 50:1 but not 10:1. This would push small retail
    investors out of the market and make it easier for big banks to push
    things around during low liquidity conditions.
    Ben Meiselman