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Comment for Proposed Rule 75 FR 3281

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  • From: Herman Vega
    Organization(s):

    Comment No: 1435
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01435
    From:
    Sent:
    To:
    Subject:
    Dr. Herman Vega
    Thursday, January 21, 2010 12:54 AM
    secretary
    leverage changes
    Dear Sir:
    It came to my attention CFTC's intention to change the existing flexibility on the leverage I am accustom to a
    10:1 leverage. I believe this will drastically change the way I will trade and I am pretty sure that of hundreds of
    small traders. I will petition that the rule is left as it stands. We cannot effort to lose thousand of additional jobs
    in the US due to this rule as more "smart" trader will fly the country in search for foreign brokers where such an
    ridiculous rules does not exist.
    Thanks for your consideration,
    Dr. Herman Vega.