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Comment for Proposed Rule 75 FR 3281

  • From: Zhao Sun
    Organization(s):

    Comment No: 5774
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05774
    From:
    Sent:
    To:
    Subject:
    Zhao SUN (Eric)
    Wednesday, March 3, 2010 8:14 PM
    secretary
    Regulation of Retail Forex
    DearCFTC,
    I'm a personal forex investor from Hong Kong and I really don't like the idea of changing the leverage to
    10:1. Forex is the most liquid financial market in the world and it strives on 24-hour's trading, a high
    leverage will only make it more liquid, deeper and more efficient which is adhere with Adam Smith's
    basic economic theory and can maximize the toal benefit of the sell side and buy side.
    Eric