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Comment for Proposed Rule 75 FR 3281

  • From: Santigi Kamso
    Organization(s):

    Comment No: 4593
    Date: 1/30/2010

    Comment Text:

    10-001
    COMMENT
    CL-04593
    From:
    Sent:
    To:
    Subject:
    Santigi Kamso
    Saturday, January 30, 2010 1:38 PM
    secretary
    dismayed citizen's response to recent proposals
    Amending leverage in the futures markets would have disastrous consequences at this premature stage
    of economic recovery. What will this do to the general liquidity? What will happen when investors
    choose to take their monies overseas instead? I am a democratic voter but I believe that this is
    government over-regulation at its very worst. Though I know that the overwhelming public outcry and
    expert decries won't be heeded by this runaway locomotive, I can only hope that the Republican
    constituents in Congress will block this distasteful measure will all their might. Furthermore, all private
    speculators (however small) in the futures market such as myself would be adversely affected. Why
    should we also be punished for what a few bad apples and fat cats did? I still believe in a America where
    knowledge and hard work can get you somewhere. Don't try to take that away from us.