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Comment for Proposed Rule 75 FR 3281

  • From: Parakrama Weerasinghe
    Organization(s):

    Comment No: 5639
    Date: 3/1/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05639
    From:
    Sent:
    To:
    Subject:
    Parakrama Weerasinghe
    Monday, March 1, 2010 10:01 AM
    secretary
    Regulation of Retail Forex
    Dear Sir / Madam
    I am a retail forex trader and came to know about the new proposed regulation regarding leverage limits.
    As a retail forex trader I do not agree with your proposal of lowering the leverage from 100 to 10.
    This will totally discourage traders like me as we have to invest a big amount to get the profit we generate now
    from a small acount.
    Please treat this email as a protest against the new bill.
    Thanking You,
    Yours Truly,
    Parakrama Weerasinghe