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Comment for Proposed Rule 75 FR 3281

  • From: Lynden Wong
    Organization(s):

    Comment No: 8459
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08459
    From:
    Sent:
    To:
    Subject:
    Lynden Wong
    Thursday, March 18, 2010 9:59 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Dear Sir/Madame:
    My request is very simple. You will wipe out my accounts if the leverage is changed to from 100:1 to 10:1. This is
    how I make a living. Forex trading had nothing to do with the current economic crisis, so I'm not sure why these
    proposals are even being considered. If the change is made, eventually I will be forced to open my accounts in
    the UK.
    Thanking you in advance.