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Comment for Proposed Rule 75 FR 3281

  • From: Ashley Brewerton
    Organization(s):

    Comment No: 6641
    Date: 3/9/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06641
    From:
    Sent:
    To:
    Subject:
    ashley@brewerton, net
    Tuesday, March 9, 2010 12:16 AM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Tuesday, March 09, 2010 at 00:15:33
    commenter_subject: Margin Change Proposal
    commenter_frpage: RIN 3038-AC61
    commenter_comments: I have been an active forex trader for the last 2
    years, I have spent many thousands of dollars (in
    the USA) on training and I am just getting to the
    place where I am starting to make consistant profit
    and can start raising my stake.
    To further reduce the leverage to 10:1 a tenfold
    reduction and a 1000% increase in leverage would
    mean that the funds required for me to operate an
    account in the US would be too much, I would close
    all accounts and have to trade from another
    country.
    You would be excluding the very customers that this
    market serves.
    I hope that you reconsider as I have put a
    considerable amount of time and money into this.
    commenter_name: Ashley Brewerton
    commenter_withhold_address_on: ON
    commenter_addressl: 22 Buick Street
    commenter_city: Lower Hutt, New Zealand
    commenter_zip: 5012
    commenter_phone: 6421621777