Comment Text:
i0-001
COMMENT
CL-07064
From:
Sent:
To:
Cc:
Subject:
Earvin Julius Chua
Friday, March 12, 2010 10:22 PM
secretary < secretary@ C FTC. g ov >
cftcfeed back@ fxd d. corn
Regulation of Retail Forex
RIN 3038-AC61
To
the CFTC.
I do not think limiting the leverage of retail FCM dealers will solve any of the problems
regarding fraud. What we need is more creative policies that would benefit the interests
of all concerned parties. I believe there must be better ways to better manage Forex
Brokerages or retail forex dealers who have under $20m in assets. I believe that
executing this policy will strike a blow that would deteriorate the forex futures retail
industry in the US.
Earvin Chua
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