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Comment for Proposed Rule 75 FR 3281

  • From: Frank Ding
    Organization(s):

    Comment No: 5430
    Date: 2/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05430
    From:
    Sent:
    To:
    Subject:
    frank ding
    Wednesday, February 17, 2010 5:35 PM
    secretary
    Regulation of Retail Forex
    Dear Sir,
    I just notice you proposed new rules for off-exchange retail foreign exchange. The proposed rules call
    for restricting leverage to 10-to-1. As a FXCM LLC client, I think the rule is counterproductive in the
    marketplace.
    I am aganist the proposal.
    Please consider the new regulation twice.
    Thanks.
    Tan
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