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Comment for Proposed Rule 75 FR 3281

  • From: Tadas Talaikis
    Organization(s):
    Nakagava Ltd

    Comment No: 697
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00697
    From:
    Sent:
    To:
    Subject:
    [email protected] on behalf of
    Nakagava Ltd.
    Tuesday, January 19, 2010 4:18 PM
    secretary
    Regulation of Retail Forex
    Before no-hedge and usal leverage NFA rules we have done business with US partner, now we
    transferred almost everything to UK. Your proposal to change leverage to 110 will just end this
    business and may promote bankruptcy of many retail forex firms. Everyone will fly away from the US
    investments, is that you want?
    Tadas Talaikis
    Nakagava Ltd.