Comment Text:
i0-001
COMMENT
CL-06978
From:
Sent:
To:
Subject:
daniel ket
Friday, March 12, 2010 8:19 PM
secreta ry < secreta ry@ C FTC. g ov >
Re: Regulation of Retail Forex - RIN 3038-AC61
To whom this may concern,
I strongly oppose to the proposed change of leverage ratio to 1:10. The act of this is no difference
to the act as a communist country advocate. Isn't the proposed action contradicting against your
long withholding principle of " Market Freedom and Transparency" ? Ever since, FOREX market has
been a neutral and free flow market which attracted trillions of investors with all sort of financial
dreams daily, and that makes this market as one of the fairest market in the world.
With the following proposed implementation going forward, I am sure your already wounded
economy in US will be getting even worse. More people from your country will flaw out their money
and trade with other company apart from those registered in US in order to enjoy the freedom that
they have been enjoying so far.
That is all I wish to comment from an Ex-patriate trader from US.
My answer is firmly NO.
Regards,
Daniel- Retail Forex Trader Outside US
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