Comment Text:
i0-001
COMMENT
CL-05595
From:
Sent:
To:
Subject:
[email protected]
Friday, February 26, 2010 2:06 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Friday, February 26, 2010 at 02:06:11
commenter_subject: Regulation of Retail Forex
commenter_comments: Dear Sirs - I understand that there is a proposal
to amend the current margin requirements for retail
forex trading from 1% to 10%. As a small investor,
currently we can leverage the opportunity to trade
in forex with small margin and thereby make some
additional income to supplement our employment
income. However, if the margin is increased to 10%,
we will not be able to trade and thereby will not
be able to make a supplement income. Therefore, we
would kindly request you to keep the existing
requirements static.
Regards,
Gangesh
commenter_name: Gangesh
commenter_withhold_address_on: ON