Comment Text:
i0-001
COMMENT
CL-08837
From:
Sent:
To:
Subject:
[email protected]
Monday, March 22, 2010 8:15 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Monday, March 22, 2010 at 08:14:56
commenter_subject: Regulation of retail forex
commenter_frdate: Jan. 20, 2010
commenter_frpage: 3282-3283
commenter_comments: The proposed changes to require 10:1 leverage
requirements for retail forex brings up the
question of why does this not also apply to forex
futures? The forex futures
requirement is now a 100:1 requirement and I don't
see a proposal to require it to be changed again to
a 10:1 requirement. Nowhere do I see an explanation
for this discrepancy.
It is reasonable then to suspect there is no valid
explanation; and if there isn't one then
it is not logical to change the forex retail
leverage requirements to be different from forex
futures.
commenter_name: Glen Keene
commenter_withhold_address_on: ON
commenter_city: Lexington
commenter_state: KY
commenter_zip: 40505
