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Comment for Proposed Rule 75 FR 3281

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  • From: Desmond Chew
    Organization(s):

    Comment No: 2339
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02339
    From:
    Sent:
    To:
    Subject:
    Desmond Chew
    Thursday, January 21, 2010 10:53 PM
    secretary
    Regulation of Retail Forex
    Hi,
    I refer to your news release on 13th January 2010
    on the
    topic on
    CFTC Seeks Public Comment on Proposed
    Regulations Regarding Retail FOREX
    Transactions
    I am a small retail forex trader, I think the latest proposed on limiting the 100-I leverage to 10-1 is
    limiting the leverage market for small investor like us.
    I felt that 100-1 is a nice leverage if not 50-1 is not too bad.
    Regards
    Desmond