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Comment for Proposed Rule 75 FR 3281

  • From: Rizal Rashid
    Organization(s):

    Comment No: 2922
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02922
    From:
    Sent:
    To:
    Subject:
    rizal rashid
    Friday, January 22, 2010 6:02 PM
    secretary
    10:1 will buried retails traders.
    mr. secrectary,
    i am disbelief to this new propose regulations.although i did not live in the great america,this rules will
    shape the future of fx.the sound understanding of how leverage works will help trading activities.your
    gov. should stress more on proper education to equip traders with skills to help them understand the risk
    in investing.by taking this measure it's only will shy away new investors using US based brokers.i often
    advise my clients to open an account with US brokers.all because i think nfa and cftc provide reliability
    to US brokers.this rules shows that cftc did not trust brokers in their home backyard.it's painting black
    image to investing business.my analogy is simple if it ain't broke fix it.in this case its the US brokers.
    don't burn the house, and think all problems are solved.
    rizal rashid
    bdr mas
    kota tinggi,j ohor
    MALAYSIA