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Comment for Proposed Rule 75 FR 3281

  • From: Samuel Boodhoo
    Organization(s):

    Comment No: 5894
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05894
    From:
    Sent:
    To:
    Subject:
    SAMUEL BOODHOO
    Thursday, March 4, 2010 2:24 AM
    secretary
    Regulation
    I would like to strongly voice my opposition to this proposed new regulation of decreasing the current leverage to 10 to 1. I
    am currently unemployed, I was laid off from my job as a Business Manager at my car dealership in December 2009. My
    only source of income is the money ! make from trading online. ! do not have the funds required to trade with this proposed
    leverage. I am the only breadwinner in my family of four, My sons will be going to college in 2012. Without my ability to
    trade I don't know what we will do since I have not been able to get another job. I have owned my home for 15 years, paid
    all my bills on time and currently have great credit. All of that will be gone if ! cannot keep my only source of income. In
    closing ! strongly urge you to leave the leverage the way it is at 100 to
    1.
    Samuel Boodhoo