Comment Text:
i0-001
COMMENT
CL-05140
From:
Sent:
To:
Subject:
harry kaneer < harrykaneer@ hotmail.com >
Monday, February 8, 2010 10"25 AM
secretary < secretary@ C FTC. g ov >
I have a hard time justifying the decrease in margin for retail accts?? Most are so small that they
would have absolutely no effect on the market credit conditions. I trade 1 lot or 2 at a time and
your proposed requirements would make it impossible for me to trade. Why would you want to put
a 2 lot trader out of the action? If reducing credit derivitives is your goal you need to go after the
commercial business Like Lehman (oh yeah they failed because of...) or AIG (oh yeah they are
being restricted until they pay it back) or GM (oh yeah the are now GOV Motors. but their trading
arm is huge but they are still trading) Or B of A (Oh yeah they paid it back so they could get out of
the restrictions) But aren't these the groups that created the mess and then were bailed out by Tax
payer money. Seems the reasoning is a bit off.
Hotmail: Trusted email with powerful SPAM protection.
Sign up now.
