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Comment for Proposed Rule 75 FR 3281

  • From: Jonathan L Nesbitt
    Organization(s):
    UTexas B. Science Electrical Engineering

    Comment No: 6394
    Date: 3/6/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-06394
    From:
    Sent:
    To:
    Subject:
    Jonathan Nesbitt
    Saturday, March 6, 2010 2:02 PM
    secretary
    re: proposal for retail max leverage reduction for forex
    To: CFTC Secretary
    There are other ways to help protect the public but this proposal of 10:1 max leverage for the currencies
    trading, is truly limiting the potential of the small investors/traders that have a smart plan. It favors the
    wealthy once again. Don't take away opportunity that is an American right.
    Hopefully this proposal doesn't affect currency futures. My main focus is 6e eurusd futures and I've
    invested months learning it and eurusd on forex which is similar.
    Jonathan L. Nesbitt,
    UTexas B. Science Electrical Engineering, Software Engineer, and Futures Trader