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Comment for Proposed Rule 75 FR 3281

  • From: Robert T Bernard
    Organization(s):

    Comment No: 4311
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04311
    From:
    Sent:
    To:
    Subject:
    Robert Bernard
    Thursday, January 28, 2010 1:59 AM
    secretary
    Leverage changes proposed
    STOP this proposed leverage change. The small retail trader like myself who has no impact on the overall market
    by my occasional small win (but loses more frequently) will have absolutely no chance of trading with your
    proposed changes. These changes serve to only benefit the brokers and it legally wrong in my mind to do this.
    We were aware of the trading terms and regulations when we first started and the leverage implications at that
    time but at least it game the little guy a chance to make a few dollars. I need that chance to help me survive each
    year and you will be taking that away from me and ruining my life as I can only work from home.
    Regards
    R.T.Bernard