Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Eric Dizon
    Organization(s):

    Comment No: 639
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00639
    From:
    Sent:
    To:
    Subject:
    Eric Dizon
    Tuesday, January 19, 2010 2:12 PM
    secretary
    Proposed Leverage Change. Again.
    To Whom It May Concern:
    It seems once again someone feels the need to over regulate an industry. Technology has allowed retail
    investors (the little guy) to participate in the "old boys'" game and they don't like it. Or maybe the
    pressure is coming from the NYSE/AMEX because they fear their volume isn't what it could be, esp.
    after a couple of down years.
    Whatever the case, little guys like me are getting squeezed out of the chance of making a living doing
    what many "insiders" have been privy to for decades - and they don't like it. It's not protection. An
    investor should know their own financial limitations and do their own homework to determine how
    much they can afford to risk. If they blow their account out, process of elimination. How can you
    protect every gambler that goes to Las Vegas with his paycheck? You can't. Set the rules and let
    everyone have a fair chance. Otherwise it will revert back to "the rich get richer..."
    Signed,
    Proud American concerned about who has the right to limit my opportunities.