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Comment for Proposed Rule 75 FR 3281

  • From: Simon Levinger
    Organization(s):

    Comment No: 7507
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07507
    From:
    Sent:
    To:
    Cc:
    Subject:
    simon levinger
    Sunday, March 14, 2010 5:24 PM
    secretary
    [email protected]
    Regulation of retail forex
    How can it remotely fair to decrease the leverage thereby increasing the margin by tenfold, which is far beyond the margin
    requirements of the CFTC margins required for currency pairs on the IMM.
    Is RN 3038-AC61 nothing more than a desire by the CFTC to redirect activity from the forex into futures markets?