Comment Text:
i0-001
COMMENT
CL-07786
From:
Sent:
To:
Subject:
Frank Liew
Tuesday, March 16, 2010 11:19 AM
secretary
'Regulation of Retail Forex' RIN 3038-AC61.
Hi there,
According to the CFTC, "leverage in retail Forex
customer accounts would be subject to a 10-to-1 limitation," which
means 10:1 leverage would be the maximum amount allowed for Forex
traders in the U.S.
I think that the forex tarding industry will be
jeopordised seriously after the application on this new regulation due
to the 10 times heavier on the capital investment and disattractive
return as well. Thank you.
Rgds,frank
