Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Kenny Fung
Organization(s):
Comment No:
1738
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01738
From:
Sent:
To:
Subject:
Kenny Fung
Thursday, January 21, 2010 11:17 AM
secretary
Regulation of Retail Forex
Identification number RIN 3038-AC61
I strongly opposed the idea of leverage regulation for the retail forex. I feel that I should have the
freedom of using whatever leverage I feel comfortable with and understand the risk that I am taking. It is
like using a credit card whether I choose to it off every month or accumulate the debt and pay the
interest. Forcing the consumers to use only 10:1 leverage is more like forcing credit card consumers to
pay off their balance every month. I think it should be a choice of the consumer.
Thanks,
Kenny
