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Comment for Proposed Rule 75 FR 3281

  • From: Chen Yt
    Organization(s):

    Comment No: 1513
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01513
    From:
    Sent:
    To:
    Subject:
    chen yt
    Thursday, January 21, 2010 3:20 AM
    secretary
    'Regulation of Retail Forex'
    Dear Sir,
    I strongly agreed with you that leverage in retail forex customer accounts should be subject to a 10-to-1
    limitation," which means 10:1 leverage would be the maximum amount allowed for all Forex traders in
    the U.S. In fact, i suggest that the maximum leverage is limit to 2:1 to avoid over risk taking.
    Thank You.
    Yours sincerely,
    Chen
    (Identification number RIN 3038-AC61)