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Comment for Proposed Rule 75 FR 3281

  • From: Shana Cooper
    Organization(s):

    Comment No: 412
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00412
    From:
    Sent:
    To:
    Subject:
    Shana Cooper
    Tuesday, January 19, 2010 9:51 AM
    secretary

    I
    Oppose the Proposed
    CFTC Leverage!!!
    This new proposed leverage will not allow Currency Trading available to
    everyone without $10,000 margin requirement!
    Maximum Leverage under
    Maximum Leverage under
    Current Regulations
    Proposed Changes
    USD/JPY
    USD/JPY
    100:1
    leverage (one percent)
    10:1 leverage
    (10
    percent)
    1
    lot
    (100,000)
    1
    lot
    (100,000)
    Margin requirement: $1,000
    Margin requirement:
    $10,000
    Shana Cooper
    sha na cooper@yma il. com
    (773) 354-9064