Comment Text:
i0-001
COMMENT
CL-05444
From:
Sent:
To:
Subject:
John Lemkins
Thursday, February 18, 2010 2:28 PM
secretary
Proposed CFTC Leverage Change
I have invested and traded the markets since 1967. Each investor/trader/speculator has his/her seasons and
reasons. My reasons for how much risk I choose to take at this point in my life are very well thought out and
are different from the next person's risk tolerance. Just as there is strength in genetic diversity, there is the
same strength in the diversity of each individual's risk profile as it relates to market liquidity. And liquidity is the
markets' lifeblood. This proposed change is draconian, totalitarian, and simply bad for free markets. I urge you
start managing the corruption, the misreporting, the callous regard for law, so rampant among the big players
on Wall Street and stop micromanaging Mainstreet.