Comment Text:
i0-001
COMMENT
CL-00785
From:
Sent:
To:
Subject:
lucas rianto
Tuesday, January 19, 2010 6:27 PM
secretary
Regulation of Retail Forex - identification number R1N 3038-AC61
David Stawick, Secretary
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1155 21st Street, N.W.,
Washington, DC 20581
identification number
RIN 3038-AC61
I receive a notification: The U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is
seeking public comment on proposed regulations concerning retail forex trading. As part of the proposed regulations,
"leverage in retail forex customer accounts would be subject to a 10-to-1 limitation "which means 10:1 leveracle would be the
maximum amount allowed for forex traders in the U.S.
In regards to this matter: I believe that all traders should have the right to choose the amount of leverage that is
appropriate for his/her risk appetite, and that this basic principle of 'choice' is being threatened by the
proposed
For big financial institutions, they have lots of money and probably they don't have to worry much about this. For a limited fund
individual (financially responsible), the proposed regulation is a problem. I need a level playing field out there
Lucas Rianto
(559)-322-2138
