Comment Text:
i0-001
COMMENT
CL-04297
From:
Sent:
To:
Subject:
matthew, bell212@yahoo, com
Wednesday, January 27, 2010 9:09 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Wednesday, January 27, 2010 at 21:09:05
commenter_subject: Part II CFTC 17 CFR PArts 1,3,4, et al (Farm Bill)
commenter_frdate: January 20, 2010
commenter_frpage: 3282-3283
commenter_comments: I disagree where the limitations proposed to
decrease the leverage available retail accounts
being 10:1. The proposed reduction serves no real
purpose to any retail account customers with the
exception that retail account customers would
therefore have to save additional financial
resources to be able to effectively invest in the
market leading to potentially more losses due to
the higher accounts being utilized. A smaller
account with leverage at 100:1 would allow retail
account customers the benefit of participating in
the market will losses being relatively benign in
nature and acceptable to the retail account
holders. Please change this bill to remove this
particular clause.
commenter name: Matthew Bell
commenter withhold address on: ON
commenter addressl 2921 S. 67th East Avenue
commenter_city: Tulsa
commenter state: OK
commenter_zip: 74129
commenter fax: None
commenter_phone: 9186270408
