Comment Text:
i0-001
COMMENT
CL-03926
From:
Sent:
To:
Subject:
xiaojiang
Monday, January 25, 2010 9:42 PM
secreta ry < secreta ry@ C FTC. g ov >
oppose your policy!!!
Recently, the U.S. Commodity Futures Trading Commission (CFTC) announced that it is seeking
public comment on proposed regulations concerning Forextrading. In part, the proposed
regulations states:
"to collect security deposits in a minimum amount in order to prudentially limit the leverage
available to their retail customers on such transactions at 10 to 1 "
This means that leverage limits will be reduced from current limits of 100:1 to 10:1 for all Forex
trading in the U.S. Below is an example of how the proposed leverage reduction would affect your
Forex trading account.
I oppose this regulation. The transaction of my
account is my business. You should not intervene
my freedom. In my view, You are discriminating
against retail customers.
