Comment Text:
i0-001
COMMENT
CL-08526
From:
Sent:
To:
Subject:
Steven Ou
Thursday, March 18, 2010 5:43 PM
secretary
Regulation of Retail Forex
Mr. Secretary,
I strongly oppose the reduction from 100:1 to 10:1 of the maximum leverage in retail FX.
One must keep in mind that 100:1 is never the effective leverage employed by traders, but such a large
change in leverage regulation seriously limits a trader's freedom to employ a wide range of trading
strategies that may take advantage of a leverage higher than 10:1.
Sincerely,
Steven Ou I
Bachelor of Arts in Economics
I
Class of 2010
College of Arts and Sciences I University of Pennsylvania
[email protected] I + 1 909-569-9880
