Comment Text:
i0-001
COMMENT
CL-04302
From:
Sent:
To:
Subject:
li
Wednesday, January 27, 2010 11:56 PM
secretary
Regulation of Retail Forex
Hello,
I am a forex trader in China and I have been using MBtrading for several years and very satisfied.
Regarding your recently regulation proposal, I fully agree to enhance industry oversight, but I don"t
like put any restrictions on leverage. Leverage is a very important tool for us seeking financial freedom
as your Amercian, and 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.
Please reconsider your proposal.
Regards,
BingLi
