Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Orie Baxter
    Organization(s):

    Comment No: 3480
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03480
    From:
    Sent:
    To:
    Subject:
    Orie Baxter
    Sunday, January 24, 2010 9:01 AM
    secreta ry < secreta ry@ C FTC. g ov >
    Proposed Changes (10:1)
    To CFTC,
    I have never committed on any proposed changes by any governing body. That goes to show how
    serious these proposed changes are. Please reconsider changing the leverage requirements to
    10:1. This would severely cripple me asa retail trader and Iam currently depending on the FOREX
    asa major source of income. 100:1 is fine the way it is. 50:1 would be a halfway decent
    compromise. If the 10:1 rule is implemented, Iwill be highly disappointed. Please listen to the
    people.
    Your E-mail and More On-the-Go. Get Windows Live Hotmail Free.
    Sign up now.