Comment Text:
i0-001
COMMENT
CL-00278
From:
Sent:
To:
Subject:
[email protected]
Sunday, January 17, 2010 10:12 PM
secretary
RIN 3038-AC61
January 17, 2010
Mr. David Stawick
Secretary, Commodity Futures Trading Commission
1155 21 st Street NW
Washington, DC 20581
I would like to weigh in on these proposed changes, specifically the 10:1 margain level. As a
small investor I have enjoyed the 100:1 or higher margain that is currently available because it
turns this market into the only market where the small investor can be put on the same plane
as the big traders. This proposal ruins that. I take responsibility for my own trading and do
no want the government regulating what I can risk.
I have seen estimates that as many as 90% of traders, including myself, will move our
accounts to the IJK. If this is true, this proposal will end up ruining an industry in the US that
has total trading volume to trillions worldwide everyday.
Again, I as you to please rethink this proposal.
Tim Dallmann
Eden Prairie, MN
