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Comment for Proposed Rule 75 FR 3281

  • From: Anonymous
    Organization(s):

    Comment No: 3069
    Date: 1/22/2010

    Comment Text:

    IO-OOi
    COMMENT
    CL-03069
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    Sent:
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    Subject:
    3dragz <[email protected]>
    Friday, January 22, 2010 11:16 PM
    secretary
    leverage
    Please don't screw with leverage! 10 to 1 hurts the little guy more than anyone else. Or allow mircos and
    minis to participate at higher leverage amounts. I trade at a micro level as a serious hobby, hoping to get
    good enough to one day actually make money (actually I may be over the hump already but I need
    another full year to know). If you drop the leverage to 10 to 1, it will require somewhere between $100
    to $180 per contract to trade at .10 a pip! That's way too expensive. I will go outside the country and so
    will a few thousand others. I would rather spend my money in the U.S. If you are trying to regulate
    funds, banks or whatever, then find another way. If you are trying to save me from myself - forget it, all
    you would be doing is trying to limit my freedom on how I spend my money. I can work around you.
    I don't play but I wonder how much money is leaving the country in online poker?
    Ubuntu 9.10 Linux Kernel - 2.6.31-17 Huh?