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Comment for Proposed Rule 75 FR 3281

  • From: Sia K Lay
    Organization(s):

    Comment No: 1615
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01615
    From:
    Sent:
    To:
    Subject:
    Sia Kiauw Lay
    Thursday, January 21, 2010 8:30 AM
    secretary
    Regulation of Retail Forex
    Dear Sir/Madam,
    I disagree with the proposed regulation that proposing reducing leverage to 10:1. Why? Because short term trader
    like me have low profit target and stop loss. With 10:1 leverage, I have to put a lot of money to open several
    positions. I preferred 50:1 leverage.
    Thank you for your kind attention.
    Best Regards
    Sia Kiauw Lay