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Comment for Proposed Rule 75 FR 3281

  • From: Earvin J Chua
    Organization(s):

    Comment No: 7068
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07068
    From:
    Sent:
    To:
    Cc:
    Subject:
    Earvin Julius Chua
    Friday, March 12, 2010 10:33 PM
    secretary < secretary@ C FTC. g ov >
    cftcfeed back@ fxd d. corn
    'Regulation of Retail Forex'
    RIN 3038-AC61
    Dear CFTC secretary
    I respect the CFTC for looking after social interests however I do not agree that the
    10:1
    leverage is the way to solve the problem. Implementing that specific regulation will not
    be good for the retail forex industry in the US. As with the other requirements such as
    transparency and disclosure statements, I believe these are all great steps.
    Thank You
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