Comment Text:
i0-001
COMMENT
CL-08151
From:
Sent:
To:
Cc:
Subject:
Wah Kee LAU
Wednesday, March 17, 2010 9:33 AM
secretary
Ailem
RIN3038-AC61; Regulation of Retail Forex
Dear Sir,
I am writing in to oppose the 10:1 leverage limitations with regard to RIN3038-AC61 for the following reason
it would create an anti-competitive environment for Forex brokers in regards to competition with banks not regulated
by the CFTC. In addition, 10:1 leverage would also allow the entire United States Forex community to be
uncompetitive with global competitors.
Thanks for your attention in this matter
Wah Kee LAU
