Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Dennis Baxter
Organization(s):
Comment No:
673
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00673
From:
Sent:
To:
Subject:
baxterd709@aol, com
Tuesday, January 19, 2010 3:28 PM
secretary
margin levels
Dennis Baxter
33 Chicjon La
E.Hanover N.J. 07936
Dear M r. Secretary
1/19/2010
I do not think lowering the leverage on trading the forex
market,commodities or stock markets will be helpful to the consumer.In fact I think
it gives the banks,ins, companies and all other large institutions an un fair
advantage over the average consumer who wants to trade.
On the other hand maybe there is a way of educating the un-educated about the
leverage they have and what it means on the down side to them.
Please leave the leverage amount alone and try a different approach to this
subject lowering leverage would be counter productive.
Dennis Baxter
thank you for your time.
my contact # 973-887-7039
