Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Kong Y Foo
    Organization(s):

    Comment No: 7008
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07008
    From:
    Sent:
    To:
    Cc:
    Subject:
    Kong Yong Foo
    Friday, March 12, 2010 8:50 PM
    secretary
    [email protected]; cftcfeedback@fxdd, com
    Regulation of Retail Forex
    Hi Secretary of CFTC,
    I strong againts to proposal to reduce the leveraging from 1:100 to 1:10.
    This action reduce the competency of US traders to others in the forex market trades.
    And the free market concept to individual is rip off from US individual traders.
    Kindly revise the proposal again.
    RIN 3038-AC61
    Your sincere,
    kyfoo
    kyfoo2004@gmail, com
    [email protected]
    [email protected]
    [email protected]
    Bachelor of Computer Science (hon), USM
    Laboratory Technology of Diploma, USM