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Comment for Proposed Rule 75 FR 3281

  • From: Douglas Hume
    Organization(s):

    Comment No: 3637
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03637
    From:
    Sent:
    To:
    Subject:
    Douglas Hume
    Sunday, January 24, 2010 9:54 PM
    secretary
    Proposed
    Change in FOREX Leverage requirements
    Dear Mr. or Ms. Secretary,
    I am opposed to the proposed changes by the CFTC allowing a maximum
    leverage of only 10:1. The proposed changes are unreasonable when
    compared to functional leverage of futures trading in the US and
    FOREX trading in the UK and Canada. Please do not change the leverage
    requirements for F OREX trading.
    Sincerely,
    Douglas Hume
    414 Dunmore Road
    Fayetteville, NC 28303