Comment for Proposed Rule 75 FR 3281
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From:
Winston Sam
Organization(s):
Comment No:
1417
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01417
From:
Sent:
To:
Subject:
Winston Sam
Thursday, January 21, 2010 12:31 AM
secretary
Regulation of Retail Forex
Dear Mr David Stawick:
I learned about this RIN 3038-AC61 proposal and I believe that as a
trader, I have the right to choose if I want to keep the existing
leverages that already exist in the forex market. To have 10 to 1
leverage will turn a lot of traders away from forex. Is this the goal
that the CFTC is striving for?
Please leave the existing leverage alone and keep traders happy, as
they are the force that keeps things moving.
Sincerely,
Winston Sam