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Comment for Proposed Rule 75 FR 3281

  • From: Rob Cummings
    Organization(s):

    Comment No: 6259
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06259
    From:
    Sent:
    To:
    Subject:
    Rob Cummings
    Friday, March 5, 2010 3:05 PM
    secretary
    Leave FOREX leverage levels alone please
    As a trader I see no reason to change the proposed leverage issue to 10:1 thus increasing
    margin requirements of the traders. It limits the small trader greatly. Yes it also increases
    their risk too, but I also feel that trader's should BE ABLE TO DECIDE FOR
    THEMSELVES \VHAT IS BEST FOR THEM TO TRADE. Don't keep turning this
    country into a more of a socialistic place. People need to be able to decide for themselves
    what is best for them, not be bullied by more rules & laws.
    Thank you for taking the time to read this.
    Sincerely,
    Rob C.