Comment Text:
10-002
COMMENT
CL-07797
From:
Sent:
To:
Subject:
Stephen B. Lord
Monday, February 15, 2010 9:19 PM
secretary
Opposed to 10:1 Leverage Limit
Dear Secretary,
I must tell you that I am opposed to the CFTC's 10:1 leverage limit because it places restrictive
limits for traders that can not afford to come up with large sums of capital to trade.
I take care of my moms& dads bills and have very little cash left to trade with and because of
that, I'm locked out of equites, options and most other instruments. But with FX, it's great to be
able to open an account with $500 or less. That allows small traders like myself to take
advantage of the financial markets.
Best regards,
Stephen Lord
