Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Andre Fourie
    Organization(s):

    Comment No: 2704
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02704
    From:
    Sent:
    To:
    Subject:
    Andre Fourie
    Friday, January 22, 2010 1:00 PM
    secretary
    Proposed 1:10 leverage rule
    Hi,
    I wish to express my support for the proposed rule. Hopefully it will reduce volatility but even if not, it
    is likely to force an investment mindset rather than trading mindset among retail trading.
    I only support this however if the ruling is across the board and include banks too. Otherwise it simply
    becomes discriminatory,
    Yours faithfully,
    Andre Fourie