Comment Text:
i0-001
COMMENT
CL-05270
From:
Sent:
To:
Subject:
THIEN LE
Tuesday, February 9, 2010 11:46 AM
secretary
Regulation of Retail Forex
As a retail trader, I am very disappointed with the intention to impose new regulations on the Forex U. S
industry with a proposal of applying 10% margin requirement or 10:1 leverage. This proposal remind
me about the command economy in an undeveloped country where regulators decide and want the
economy runs in their bended directions. I can see the impact of the proposal shall be:
a) a reverse to free market economy
b) the finance market shall be died under commands
Though I was educated to start trading FX, with this proposal, I can never start my own invesment
decision!
Suggested by: [email protected]
