Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Jaime Leal
    Organization(s):

    Comment No: 3610
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03610
    From:
    Sent:
    To:
    Subject:
    j [email protected]
    Sunday, January 24, 2010 7:35 PM
    secretary
    Leverage Change
    To VVhom it may Concern,
    Please do not make a leverage change to 10:1, I didn't mind the first change when it
    was lowered to 100:1 since I think 100:1 is substantial to make a living. I have been breaking
    my back and splitting my brain in half studying long hours trading for the last 5 years and finally
    when I think its starting to work out for me you guys come and change everything and are not
    even giving me a chance to make my money back. I don't think that we (the wholesale
    trader) should move to international borkers when we have here in the US have great brokage
    firms. It is as I still remember a freedom of choice in this great country of ours, I hope. I
    appreciate your concerns in protecting us the little guys if in deed that is what you guys are
    intending to do, because at the moment it seems more like you guys are trying to get rid of us
    and slashing the leverage amount drastictly like you guys are doing it (10:1) is pretty much
    making us go outside of our own country. I never thought that would happened but I guess
    things happen for reasons ....
    P.S.
    PLEASE DO NOT CHANGE THE LEVERAGE TO 10:1, GIVE US THE FREEDOM TO
    CHOOSE FOR OUR SELFS.
    Jaime Leal
    Houston TX.