Comment for Proposed Rule 75 FR 3281
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From:
Daniel Yong
Organization(s):
Comment No:
3142
Date:
1/23/2010
Comment Text:
i0-001
COMMENT
CL-03142
From:
Sent:
To:
Subject:
Daniel
Saturday, January 23, 2010 5:58 AM
secretary
Disagree of proposal of new leverage 10:1 on forex trading
Hi,
I am a retail forex trader, recently CFTC proposed for new leverage of forex trading to 10:1.
I strongly disagree of this decision. If this is happen, i not going to trade with CFTC regulated forex
film. The reason is such leverage was almost impossible to continues to trade for small capital investor
like us.
I hope CFTC will re-consider this decision, although trade with non-CFTC regulated film will have
higher risk, but we have to cause leverage 10:1 making us impossible to continues to trade with CFTC
regulated film..
Please take serious consideration.
Best Regard,
Daniel Yong
