Comment Text:
i0-001
COMMENT
CL-01537
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 4:26 AM
secretary
Leverage?
Hello:
The proposed leverage changes is not fair to the small investor. I oppose. I stand behind the belief that you
should be given the freedom and right to choose the amount of leverage that is appropriate for your individual
desired risk, and that this basic principle of 'choice' is in jeopardy by the proposed CFTC regulations.
Charles Daeda
Ph (678) 571-1638
Maximum Leverage under Current Regulations
USD/CHF
100:1 leverage (one percent)
1 lot (100,000)
Margin requirement: $1,000
Maximum Leverage under Proposed CFTC Changes
USD/CHF
10:1 leverage (10 percent)
1 lot (100,000)
Margin requirement: $10,000
