Comment for Proposed Rule 75 FR 3281
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From:
Phong Phuong
Organization(s):
Comment No:
1328
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01328
From:
Sent:
To:
Subject:
Phong Phuong
Wednesday, January 20, 2010 10:52 PM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail Forex
To whom it may concern,
RIN 3038-AC61
You recently sought feedback on this subject, so here is my opninion:
We traders do want restrictions on our trading styles (such as removing the ability to hedge) or
have leverage restrictions in place. We are smart enough to assess our own risks and only trade
with money we can afford to lose.
I understand you may try to do this for the benefit of others who may not know what they are
getting themselves into, but doing so by handicapping all traders in general will not earn you any
favours.
- Phong.
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