Comment Text:
i0-001
COMMENT
CL-06374
From:
Sent:
To:
Subject:
Robert Lerner
Saturday, March 6, 2010 10:06 AM
secretary
I think you have to realize that today we, in the US do not have a monopoly on trading anything and
if you try and enforce this rule regarding leverage that you will simply drive the trading offshore (which is very
easy to do) and eliminate the business here in the US. Ithinkthat is extremely short sighted. In addition, most
of the problems in the industry have originated with the firms themselves, not with the investors who have lost
money. Regulation of the firms and capitalization requirement are important, not leverage.
