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Comment for Proposed Rule 75 FR 3281

  • From: James S Founds
    Organization(s):

    Comment No: 2799
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02799
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, January 22, 2010 3:34 PM
    secretary
    LEVERAGE
    THIS IS TOO DRASTIC OF A CHANGE!! PLEASE DO NOT LET THIS HAPPEN. YOU ARE TAKING AWAY MY
    CHOICES. THIS IS MY MONEY NOT THE GOVERNMENTS!
    Max leverage under current regulations Max leverage under proposed changes
    USD/JPY USD/JPY
    100:1 leverage (one percent) 10:1 leverage (10 percent)
    1
    lot (100,000)
    1
    lot (100,000)
    Margin requirement: $1,000 Margin requirement: $10,000
    VOTE NO
    JAMES STEVEN FOUNDS
    413-441-5980