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