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Comment for Proposed Rule 75 FR 3281

  • From: Willard D Campbell
    Organization(s):

    Comment No: 3298
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03298
    From:
    Sent:
    To:
    Cc:
    Subject:
    Willard Campbell
    Saturday, January 23, 2010 2:29 PM
    secretary
    [email protected]
    Leverage Freedom
    I am deeply concerned that after reducing the option to leverage at 400:1 and 200:1 the CFTC is now
    proposing to further reduce opportunity in the market by removing the 100:1 leverage and leaving only
    10:1 and below.
    That appears to be a blatant effort to eliminate opportunity for small investors to build and grow from
    small beginnings and thus leave the playing field to the "big boys". At the current limits we do not need
    "mother" to watch over us any more. We need the right and the freedom to take some risk if we hope to
    achieve our dreams with small beginnings.
    Please do not push us further into a corner and limit our opportunities by taking away the leverage we
    need to lift ourselves up,.
    Interbank fx is free to use this correspondence in any way they may feel it to be helpful'
    W.D. Campbell