Comment Text:
i0-001
COMMENT
CL-07821
From:
Sent:
To:
Cc:
Subject:
Wan Yoke Lin
Tuesday, March 16, 2010 11:54 AM
secretary
[email protected]
'Regulation of Retail Forex' RIN 3038-AC61.
To: [email protected]
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
ieopordised seriously after the application on this new regulation due
to the 10 times burden on the capital investment and disattractive
return as well. Nothing will help to the growth up to the forex trading industry as well. Thank you.
yl
