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Comment for Proposed Rule 75 FR 3281

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  • From: Ganesh Natarajan
    Organization(s):

    Comment No: 793
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00793
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, January 19, 2010 6:52 PM
    secretary
    Regulation of Retail Forex
    Ref ID number RIN 3038-AC61
    Dear Sir/ma'am
    The forex market has been a source of livelihood and income for me in these times of acute unemployment. I
    have been trading the forex markets for the last few years and the current margin requirement of 100:1 has
    helped me sustain and made my trading endeavor viable.
    Chanes to the margin requirement to 10:1 for even one major or cross curreny pair will end my trading career and
    I am sure to be on the road of unemployment.
    I implore you to not alter the current regulations.
    Ganesh Natarajan
    North Carolina