Comment Text:
i0-001
COMMENT
CL-02922
From:
Sent:
To:
Subject:
rizal rashid
Friday, January 22, 2010 6:02 PM
secretary
10:1 will buried retails traders.
mr. secrectary,
i am disbelief to this new propose regulations.although i did not live in the great america,this rules will
shape the future of fx.the sound understanding of how leverage works will help trading activities.your
gov. should stress more on proper education to equip traders with skills to help them understand the risk
in investing.by taking this measure it's only will shy away new investors using US based brokers.i often
advise my clients to open an account with US brokers.all because i think nfa and cftc provide reliability
to US brokers.this rules shows that cftc did not trust brokers in their home backyard.it's painting black
image to investing business.my analogy is simple if it ain't broke fix it.in this case its the US brokers.
don't burn the house, and think all problems are solved.
rizal rashid
bdr mas
kota tinggi,j ohor
MALAYSIA