Comment Text:
i0-001
COMMENT
CL-07263
From:
Sent:
To:
Cc:
Subject:
Indriani Setiono
Saturday, March 13, 2010 10:25 AM
secretary
[email protected]
Regulation of Retail Forex'
Dear CFTC,
In regards to RIN 3038-AC61, I strongly do not agree to the proposal to change the leverage in retail Forex
customer accounts to be 10-to-1 limitation.
CFTC should be consistent and maintain the leverage as it is already given 100 to 1. Should CFTC require to
change the leverage, it must be done in several steps and with longer ( 4 - 6 months ) intervals. Otherwise, the
regulation may confuse the customer's trading strategies, especially for long term investors. And this could cause
loses for them.
Thank you and hope CFTC will kept the leverage 100 to 1, but broker should urge customers to choose available
lower leverage at the beginning.
Best regards,
Andrew Wiryono
