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Comment for Proposed Rule 75 FR 3281

  • From: Yuliwati Lim
    Organization(s):

    Comment No: 8072
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08072
    From:
    Sent:
    To:
    Subject:
    Yuliwati Lim
    Tuesday, March 16, 2010 10:33 PM
    secretary
    Fw: regulation of retail forex.
    ..... Original Message .....
    From: Yuliwati Lim
    To:
    [email protected]
    Sent:
    Wednesday, March 17, 2010 9:28 AM
    Subject: regulation of retail forex.
    Dear CFTC,
    As a new trader of IBFX, I have a strong objection with your proposed regulation of leverage requirement for forex
    retail, that is 10 ¯ 1.
    Not all customers/traders have the capability to trade with such a high leverage, especially those who are new
    traders. If this regulation is forced to apply, I am sure many customers/traders will quit.
    RIN 3038-AC61
    Thank you for your consideration,
    Yuliwati Lim