Comment Text:
i0-001
COMMENT
CL-03924
From:
Sent:
To:
Subject:
Smith, Thomas J.
Monday, January 25, 2010 9:34 PM
secretary
FW: RIN 3038-AC61
I am forwarding this to the Office of the Secretariat since I am not certain that it was submitted for the official
comment file. Please acknowledge receipt of this email. Thanks.
From:
Robert Bundy [mailto:[email protected]]
Sent:
Monday, January 25, 2010 2:02 PM
To: Smith, Thomas J.
Subject: RIN 3038-AC61
Although I agree with some regulation of financial markets, the proposal to limit
Leverage to 10/1 is ridiculous. This wi[[ make it almost impossible for small
traders like myself to continue trading without huge amounts of capita[ which we
do not have. 100/1 or possibly 50/1 is a far more realistic target.
Regards, Robert Bundy.