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Comment for Proposed Rule 75 FR 3281

  • From: Jeff Spilman
    Organization(s):

    Comment No: 6273
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06273
    From:
    Sent:
    To:
    Subject:
    Jeff Spilman
    Friday, March 5, 2010 3:57 PM
    secretary
    Forex Leverage Changes
    It makes no sense to restrict 4x leverage for the individual investor. We for the most part know what we
    are doing. If you feel the large investment banks need the restriction so they do not manipulate the
    market, so be it. Small investors like me do not need your hand holding. I want the high leverage for a
    reason. By you reducing the leverage by such a large amount you force individual traders to have to put
    up several time more money to trade, which will reduce the liquidity in the market ... not a good thing.
    Leave us the hell alone!
    Jeff Spilman