Comment Text:
i0-001
COMMENT
CL-05773
From:
Sent:
To:
Subject:
Shao Bo Tang
Wednesday, March 3, 2010 8:13 PM
secretary
Regulation of Retail Forex
Dear U.S. Commodity Futures Trading Comission
The new broad regulatory that reduces the current leverage of 100:1 to
10:1
for forex traders would have a way too much impact. It would mean
that you would at least have 10 times the money you first had to
invest. I believe as a forex trader that it will greatly diminish the
trades and shrink the frequency of the transactions which will only
give a negative return on the market. I think it would really be
better to leave it at
100:1
Sincerely
Shaobo Tang
