Comment for Proposed Rule 75 FR 3281
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From:
Yusof Saleh
Organization(s):
Comment No:
2236
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02236
From:
Sent:
To:
Subject:
Yusof Saleh
Thursday, January 21, 2010 8:38 PM
secretary
Regulation on Forex - limitation on leverage
I belief the proposal to limit leverage will affect small trader like me as bigger fund is needed to manage
risk. Therefore it will only benefit big players. Small trader should be given the freedom to decide on
risk appetite. How ever i belief your proposal is well intentioned. So, i belief leverage should be more
than 1:10 but Maximum 1:100.. This will then make the market more interesting. Also, i think you
should consider to review micro account as most micro acount are not serious traders and too small
players which they should have not involve in this high risk instrument.
Thank you
