Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Charles Daeda
Organization(s):
Comment No:
1537
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01537
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 4:26 AM
secretary
Leverage?
Hello:
The proposed leverage changes is not fair to the small investor. I oppose. I stand behind the belief that you
should be given the freedom and right to choose the amount of leverage that is appropriate for your individual
desired risk, and that this basic principle of 'choice' is in jeopardy by the proposed CFTC regulations.
Charles Daeda
Ph (678) 571-1638
Maximum Leverage under Current Regulations
USD/CHF
100:1 leverage (one percent)
1 lot (100,000)
Margin requirement: $1,000
Maximum Leverage under Proposed CFTC Changes
USD/CHF
10:1 leverage (10 percent)
1 lot (100,000)
Margin requirement: $10,000
