Comment Text:
i0-001
COMMENT
CL-04632
From:
Sent:
To:
Subject:
KHALIQUE SHERA
Sunday, January 31, 2010 12:29 AM
secretary
RE: RIN 3038-AC61 Stop sending the jobs and money out of USA
We STRONGLY disagree with the CFTC proposal, leverage restriction across the board to 10 to 1
|everage.i says: "I am not opposed to regulation nor regulatory agencies. But that regulation needs to be
fair, transparent, and open to public input.
Otherwise it becomes corrupt and self-serving Sure high
leverage can get you into trouble if used thoughtlessly. Sure hedging when not done properly turns one
loss into two. But I believe the cure is EDUCATION, not restricting what people can and cannot do
with their investment decisions. Guide, don't dominate - government was invented to protect people and
their property, not to limit their potential.
Kind Regards
K Shera