Comment Text:
i0-001
COMMENT
CL-07612
From:
Sent:
To:
Cc:
Subject:
Freddy Chang
Monday, March 15, 2010 9:38 AM
secretary
[email protected]
Attention: David Stawick, Secretary -'Regulation of Retail Forex'
ID Number: RIN 3038-AC61
Commodity Futures Trading Commission
Dear Mr. Stawick:
I am a retired construction engineer.
I trade moderately and beg the Commodity Futures Trading Commission NOT to apply
a further reduction in leverage from 1:100 to 1:10.
The present 1:100 leverage is considered satisfactory.
A further reduction will NOT auger well among fellow traders and moreso, beneficial to
the economy.
Please oblige and heed my recommendation for the success of both parties - the trader
and the commission.
Your truly,
Frederick Chang
Fx Trader (1:100)