Comment Text:
i0-001
COMMENT
CL-03231
From:
Sent:
To:
Subject:
[email protected]
Saturday, January 23, 2010 11:31 AM
secretary
Regulation of Retail Forex
To whom it may concern:
I am from china. I am using US brokers.
Regarding your recently regulation proposal, I fully agree to enhance industry oversight, but I don"t like
put any restrictions on leverage. Leverage is a very important tool for us seeking financial freedom as
your Amercian, and lowering leverage dramatically like this will not only hurt our clients feeling but
also drive us to other countries (ie. unregulated) brokers despite above advantage. This is not a win-win
situation, it"s a lose-lose situation that you probably wouldn"t expected.
Please reconsider your proposal.
Regards,
wen jiu zhang
