Comment for Proposed Rule 75 FR 3281
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From:
Pak Tsui
Organization(s):
Comment No:
2411
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02411
From:
Sent:
To:
Subject:
pak t
Friday, January 22, 2010 1:28 AM
secretary
Regulations of retail Forex
Dear Sirs,
It has been brought to my attention by several "Forex Brokerages" that you are considering changing the
leverage on trading accounts to 10 to 1. I am new to the Forex and I am comfortable with the current 100 to 1
established ratio. That I do not have a problem with. If By any chance, the Law does pass, many/most of our
money would go into the European Market. And at a time like this, I do not see how this can benefit us in
anyway.
Please Consider this wisely as a lot of money is in this market, and visualize in a traders point of view. it
would be a tragedy that we would lose this right now.
Thank you for your time.
Sincerely,
Pak Tsui
[email protected]
