Comment Text:
i0-001
COMMENT
CL-03912
From:
Sent:
To:
Subject:
Ted Chan
Monday, January 25, 2010 8:45 PM
secretary
Please Do Not Change Forex Margin Requirements to 10:1
My name is Wei Chan and I am an occasional trader of currencies. Anyone who enters the currency/FX
market enters with the knowledge of the risk of loss of their capital. I currently have not been trading
for 2 years, but I would like to go back and trade sometime soon.
It is my dream to trade for a living. However, that dream would be hindered if the Forex margin
requirements were drastically raised from 100:1 to 10:1. Please do not place the citizens of the US at a
severe disadvantage of the other citizens of the world when it comes to trading. Otherwise, it would be
extremely easily for us to take our business offshore, furthering the exodus of more business outside of
the US.
Thank you,
Wei
