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Comment for Proposed Rule 75 FR 3281

  • From: Wengang Huang
    Organization(s):

    Comment No: 3460
    Date: 1/24/2010

    Comment Text:

    i0-001
    COUNT
    CL-03460
    From:
    Sent:
    To:
    Subject:
    ~i
    Sunday, January 24, 2010 6:04 AM
    secreta ry < secreta ry@ C FTC. g ov >
    comment for Regulation of Retail Forex
    dear sir/madam :
    As i got to know the Regulation of Retail Forex you wanna change(RIN 3038-AC61 ) ,i feel very
    sorry about your behavior cause as we know you had just changed your requirement for forex
    leverage(maximum 100: 1) recently,it's very soon since your last change,how is that called
    responsible ?besides the leverage you want to reduce to is apparently too low for small account
    dealers and also unfair(it can easily forbid many small account dealers to deal forex),so i felt very
    strongly about your proposal and of course oppose it with both feet,in fact there are many ways to
    control the financial system security not only the leverage control,we need a constant regulation
    system not a variable one!
    yours truly