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Comment for Proposed Rule 75 FR 3281

  • From: Vidya Rozalia
    Organization(s):

    Comment No: 8455
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08455
    From:
    Sent:
    To:
    Cc:
    Subject:
    Vidya Rozalia
    Thursday, March 18, 2010 9:28 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    Dear Mr. Secretary
    I am writing to this message to voice my opinion in objecting to the reduction in leverage of forex
    trading. In my opinion the maximum 10:1 (ten percent) leverage under proposed regulations is much too
    low for viable forex trading.
    Besides the negative effects to the forex traders, I believe the new leverage under proposed regulations
    are also not good for forex brokerages in the U.S.
    Thank you very much for your attention and consideration.
    Kind regards
    Vidya Rozalia