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Comment for Proposed Rule 75 FR 3281

  • From: Ray Yan
    Organization(s):

    Comment No: 5949
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05949
    From:
    Sent:
    To:
    Subject:
    Ray Yan
    Thursday, March 4, 2010
    9:06 AM
    secretary < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Dear Mr. Stawick,
    I strongly oppose the new regulation that reduces the retail forex leverage from 100:1 to 10:1. We
    retail traders did not cause the financial crisis in 2008 and should not be penalized. It is the big
    brokerage houses that should be heavily regulated.
    Thanks,
    Ray Yan
    Potomac, Maryland
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