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Comment for Proposed Rule 75 FR 3281

  • From: Amin Shariatmadari
    Organization(s):

    Comment No: 5023
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05023
    From:
    Sent:
    To:
    Subject:
    Shariatmadari, Amin
    Thursday, February 4, 2010 6:27 PM
    secretary
    Regulation of Retail Forex
    10 to 1 leverage may be counter-productive to the smaller retail traders. I would prefer 25 to 1, or at least 20 to
    1. The amount of capital that would be committed to margin would make longer trades of effective size
    impossible, due to margin call.
    That's my opinion. Thanks,
    Amin