Comment for Proposed Rule 75 FR 3281
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From:
Patrick Moranville
Organization(s):
Comment No:
1227
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01227
From:
Sent:
To:
Subject:
Patrick Moranville
Wednesday, January 20, 2010 9:48 PM
secretary
New leverage regulations
As a trader I am opposed to the new proposed regulation that will change our leverage to 10:1. The
leverage change does nothing to help traders. It in no way will help a trader become successful and it
will not help a trader from losing all his money. There is no benefit at all. It will only limit people with
smaller accounts from having an oportunity to trade in the most dynamic market in the world.
If you impose this ridiculous leverage regulation you will only succeed in driving all the traders to use
brokers in other countries.
Patrick
