Comment for Proposed Rule 75 FR 3281
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From:
Newell B Thornhill
Organization(s):
Comment No:
2806
Date:
1/22/2010
Comment Text:
io-ooi
COMMENT
CL-02806
From:
Sent:
To:
Subject:
Newell B Thornhill IV
Friday, January 22, 2010 3:38 PM
secretary
Dont change currency leverage
I am a student working on my masters in finance and hope to be able to
trade for a fund and institution. If you change the leverage to 10-1
you will reduce the currency market and make it a barrier to entry and
do harm for individual investors that just want to hedge currency risk
and hurt people practicing like me. There are already good back stops
with the maintenance margin requirements and how if it goes below that
amount it will just get liquidated. Let people choose. Lets keep
freedom what little bit of freedom we have left still in the picture.
