Comment Text:
i0-001
COMMENT
CL-00838
From:
Sent:
To:
Subject:
xinxing cai
Tuesday, January 19, 2010 8:53 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear sir or madam,
I am writing this email regarding to the proposed regulation on limitation of leverage in retail forex
customer accounts.
We 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 ..C..F..T...C...
~.~!.~t!.~O~. As a new trader, I have been working on my forex account for 2 years, and certainly prefer
and enjoy the leverage of 100:1, which is just the right one for me according to my economic situation.
The limit of leverage to 10:1 will potential prevent me from trading due to the much higher margin.
I wish the limitation of leverage will not be set at such low level in the future.
Thank you.
Cindy
