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Comment for Proposed Rule 75 FR 3281

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  • From: Charles Hsu
    Organization(s):

    Comment No: 3033
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03033
    From:
    Sent:
    To:
    Subject:
    Cheng. Z. Xu
    Friday, January 22, 2010 9:29 PM
    secretary
    Regulation of Retail Forex
    RIN
    3038-AC61
    this is Charles Hsu, a daily trader of forex.
    as a member of thousands of trader in U.S. ,I do not agree a proposal from CFTC which is about changing the ratio of
    margin money from 1:100 to 1:10 for forex.
    that will highly hurt the daily trader's benefit and never protect any one's money's security.
    I hope CFTC would think about my advise seriously.
    Regards
    Charles Hsu