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Comment for Proposed Rule 75 FR 3281

  • 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