Comment for Proposed Rule 75 FR 3281
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From:
Darren Ang
Organization(s):
Comment No:
2363
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02363
From:
Sent:
To:
Subject:
Darren Ang
Thursday, January 21, 2010 11:35 PM
secretary
'Regulation of Retail Forex'
RIN 3038-AC61
Hi,
I can see the move to tighten the leverage is going to kill a lot of FX traders. Personally I do not see
the benefits to traders whatever clamdown it has on the regulations.
If the move is to reduce the levearge to 10:1, I am strongly against it.
If the regulation is to kill us, we will withdraw our funds and move our funds to stocks and
elsewhere in the market.
Thank you.
Best Regards
