Comment for Proposed Rule 75 FR 3281
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From:
James S Founds
Organization(s):
Comment No:
2799
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02799
From:
Sent:
To:
Subject:
[email protected]
Friday, January 22, 2010 3:34 PM
secretary
LEVERAGE
THIS IS TOO DRASTIC OF A CHANGE!! PLEASE DO NOT LET THIS HAPPEN. YOU ARE TAKING AWAY MY
CHOICES. THIS IS MY MONEY NOT THE GOVERNMENTS!
Max leverage under current regulations Max leverage under proposed changes
USD/JPY USD/JPY
100:1 leverage (one percent) 10:1 leverage (10 percent)
1
lot (100,000)
1
lot (100,000)
Margin requirement: $1,000 Margin requirement: $10,000
VOTE NO
JAMES STEVEN FOUNDS
413-441-5980