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Comment for Proposed Rule 75 FR 3281

  • From: Ng H Bin
    Organization(s):

    Comment No: 5899
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05899
    From:
    Sent:
    To:
    Subject:
    Ng Hock Bin
    Thursday, March 4, 2010 2:54 AM
    secretary
    Regulation of Retail Forex
    Changing leverage from 100:1 to 10:1 will kill livelihood of trade by that proportion, place them into
    unemployment. Magnitude of trading will reduce accordingly by 90%. I object to the change. A progressive
    reduction to 80:1, then 60:1, then 50:1 may be acceptable.
    Thks & rgds,
    hbng