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Comment for Proposed Rule 75 FR 3281

  • From: John Slocombe
    Organization(s):

    Comment No: 4309
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04309
    From:
    Sent:
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    Cc:
    Subject:
    John Slocombe
    Thursday, January 28, 2010 1:31 AM
    secretary
    LLCThis sender is DomainKeys verifiedAlpari (US)

    Please do not hurt the small trader!
    Dear Madam/Sir,
    You have already taken the security, of the small trader, to hedge his position in a currency pair trend
    change, This has wiped a lot of small traders out.
    If you reduce the margin leverage from 100 to 1, to 10 to 1 you will effectively wipe out most of the
    rest of the small traders.
    Please give us a break and if you have to regulate pick on the big guys that can afford it.
    Yous Sincerily
    John Slocombe