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Comment for Proposed Rule 75 FR 3281

  • From: Defoliate 51
    Organization(s):

    Comment No: 4199
    Date: 1/27/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04199
    From:
    Sent:
    To:
    Subject:
    defoliate 51
    Wednesday, January 27, 2010 12:06 AM
    secretary
    Strongly disagree to change current leverage % to 10:1
    Dear Sir:
    As many investors, I strongly disagree to change current leverage % to 10:1 because I have no more
    extra money to keep my current position once you decide to change it from 100:1 to 10:1. The
    change you are going to make is so huge, and it must be a mistake, it will cause many investors who
    just like me loose our money what we have saved from our hard living, beside, compare with other
    surround country's condition, I believe all the new & existing FX players will start thinking to transfer
    their money to the FX trading company outside of the States.
    If your purpose for doing this is to limit the financial risk of the country, how about to make a low &
    stopping all the FX trading activities in the States instead suffer us investors?
    Best regards,
    Defoliate