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Comment for Proposed Rule 75 FR 3281

  • From: Saw H Yang
    Organization(s):

    Comment No: 8070
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08070
    From:
    Sent:
    To:
    Subject:
    saw hwang yang
    Tuesday, March 16, 2010 10:17 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    To Whom It May Concern:
    I would like to introduce myself as a forex trader from Malaysia.
    I understand that the CFTC is considering new regulations on the retail forex market, particularly a
    change in leverage to 10/1.
    I would like to voice my strong objection to this new regulations as it does not help much. I do
    believe that this regulation will cause more negative impact rather than a positive one.
    identification number: RIN 3038-AC61
    Thank you for your concern.
    Regards,
    SAW HWANG YANG
    Foreign Exchange Trader
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