Comment Text:
i0-001
COMMENT
CL-03937
From:
Sent:
To:
Subject:
yinming
Monday, January 25, 2010 10:23 PM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail Forex
Dear Sir/Madam,
Best regards!
As a long time forex trader in China,I am very satisfied with the US counterparties.
For US based forex firms are generaly more financially solid and well-managed.
Thanks for your hard work!
However, I heard that the leverage will be cut down from 1:100 to 1:10.I think it will effect the
market develpment.
lowering leverage dramatically like this will not only hurt our clients feeling but also drive us to
other countries (ie. unregulated) brokers despite above advantage. This is not a win-win situation,
it"s a lose-lose situation that you probably wouldn"t expected.
I hope no change about it.
Thanks,
Amy
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