Comment Text:
i0-001
COMMENT
CL-05605
From:
Sent:
To:
Subject:
Ngoh Henry
Saturday, February 27, 2010 12:33 AM
secretary
Regulation of Retail Forex
Dear Secretary,
It's with dismay when I learnt about the " Leverage in retail forex customer accounts would be subject to a 10-to-1
limitation" in the proposed regulations concerning off-exchange retail foreign currency transactions.
To keep it short, I'm a retail forex customer.
Without going into the specifics, as they differ individually.
On my part, should the 10:1 limit be imposed, it would place an
enormous strain
on m,,, capital outla,,, & not
forgetting about those, who may, already be struggling to keep afloat.
As such, I
strongly opposes
this specific proposal on " Leverage in retail forex customer accounts would be subject
to a 10-to-1 limitation".
I do hope U would accept my opposition with regard to the specific proposal.
Sincerely
Henry Ngoh K M
[email protected]
96574668
BIk 81 #20-51 Redhill Lane
Singapore 150081
*I may be residing outside the USA but I believed this specific proposal would impact "retail forex customer"
around the world*
Hotmail: Trusted email with Microsoft~ powerful SPAM protection.
~!g~ UP now.
