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Comment for Proposed Rule 75 FR 3281

  • From: Amy
    Organization(s):

    Comment No: 3937
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03937
    From:
    Sent:
    To:
    Subject:
    yinming
    Monday, January 25, 2010 10:23 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Dear Sir/Madam,
    Best regards!
    As a long time forex trader in China,I am very satisfied with the US counterparties.
    For US based forex firms are generaly more financially solid and well-managed.
    Thanks for your hard work!
    However, I heard that the leverage will be cut down from 1:100 to 1:10.I think it will effect the
    market develpment.
    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.
    I hope no change about it.
    Thanks,
    Amy
    ~j~--t'4~ Windows Live Messenger ~'~_~Ll~!
    ~Jq~!