Comment Text:
i0-001
COMMENT
CL-03817
From:
Sent:
To:
Subject:
Peter Wong
Monday, January 25, 2010 4:04 PM
secretary
Regulation of Retail Forex
I really don't understand what is the idea/purpose by imposing this leverage 1:10 limitation.
Tell me, is the US run out of reserved fund & that desperately even have to rip the fund from the retail
traders like us?
Well, I don't this ever work as long as they are other offshore brokers whom still allow of a 1:100
leverage.
This would only force the small traders to open an overseas account as a backfire. It would also force
many US forex brokers out of business and many jobs would be lost eventually.
Is this what you really want to happen??
By imposing such minimum 10:1 leverage will only be detrimental to retail trader; which group i belong
to. I beg you not to do so!
RIN 3038-AC61
Get your new Email address!
Grab the Email name you've always wanted before someone else does!
