Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Dave Wilson
    Organization(s):

    Comment No: 1844
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01844
    From:
    Sent:
    To:
    Subject:
    Dave Wilson
    Thursday, January 21, 2010 1:27 PM
    secretary
    Opposition too .... RIN 3038-AC61
    To Whom it May Concern.
    I am very much opposed the new regulation that is being contemplated, about changing the Max
    Leverage down too 1 : 10 from 1 : 100.
    I do not need any one telling me how to trade and what is best for me. [] Any good and knowledgeable
    trader should have strict money management rules employed into their trading style. []
    I currently am leveraged 1:100 and I am doing just fine. If this regulation is brought in I will proceve it
    as the regulating body trying to limit my potential income for my business.
    Dave