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Comment for Proposed Rule 75 FR 3281

  • From: Fithrie Zin
    Organization(s):

    Comment No: 7052
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07052
    From:
    Sent:
    To:
    Cc:
    Subject:
    Fithrie Zin
    Friday, March 12, 2010 9:58 PM
    secretary
    [email protected]
    Opinion on the CFTC's Proposed Leverage Change
    Hi,
    My name is Fithrie Zin. I'm not citizen of United States but I have invest in Forex trading in U.S. for a
    year. From my opinion it is not encouraging for CFTC to limit leverage from present leverage (100:1).
    The reason I'm saying this, when the leverage decrease, it will affected ordinary investor like me which I
    think a lot of them have small amount of money to trade in Forex in your country. Prior to that scenario,
    by decreasing your leverage, number of investor will also decrease an it is not good for economy
    especially during these days. But for big player maybe not going to have big problem to these changes.
    Lastly, I hope U.S. not going to change their leverage. This present leverage is good enough to increase
    your economy performance.
    Thank You.
    Fithrie Zin
    Full-time Forex Traders.