Comment Text:
i0-001
COMMENT
CL-01738
From:
Sent:
To:
Subject:
Kenny Fung
Thursday, January 21, 2010 11:17 AM
secretary
Regulation of Retail Forex
Identification number RIN 3038-AC61
I strongly opposed the idea of leverage regulation for the retail forex. I feel that I should have the
freedom of using whatever leverage I feel comfortable with and understand the risk that I am taking. It is
like using a credit card whether I choose to it off every month or accumulate the debt and pay the
interest. Forcing the consumers to use only 10:1 leverage is more like forcing credit card consumers to
pay off their balance every month. I think it should be a choice of the consumer.
Thanks,
Kenny
