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Comment for Proposed Rule 75 FR 3281

  • From: Newell B Thornhill
    Organization(s):

    Comment No: 2806
    Date: 1/22/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-02806
    From:
    Sent:
    To:
    Subject:
    Newell B Thornhill IV
    Friday, January 22, 2010 3:38 PM
    secretary
    Dont change currency leverage
    I am a student working on my masters in finance and hope to be able to
    trade for a fund and institution. If you change the leverage to 10-1
    you will reduce the currency market and make it a barrier to entry and
    do harm for individual investors that just want to hedge currency risk
    and hurt people practicing like me. There are already good back stops
    with the maintenance margin requirements and how if it goes below that
    amount it will just get liquidated. Let people choose. Lets keep
    freedom what little bit of freedom we have left still in the picture.