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Comment for Proposed Rule 75 FR 3281

  • From: Adam Wiesholf
    Organization(s):

    Comment No: 283
    Date: 1/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00283
    From:
    Sent:
    To:
    Subject:
    INNERTEK 1
    Monday, January 18, 2010 12:05 AM
    secretary
    10:1 leverage proposal by the CFTC ****MUST BE STOPPED!!!
    To whom it may concern,
    regarding the 10:1 leverage proposed by the
    CFTC, As a small retail trader i feel
    this regulation/requirement will severely
    handicap the profit potential of many "small
    business traders" brokers and will force many
    to seek offshore brokers.
    I ask that you consider the small business
    traders ability to operate under such
    ristrictions. The elimination of retail traders
    will increase price volatility and tighten overall
    market liquidity which will have a negative
    effect on all market participants..
    Please reconsider this proposal.
    Please reconsider this proposal.
    Adam Wiesholf