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Comment for Proposed Rule 75 FR 3281

  • From: Jason Falk
    Organization(s):

    Comment No: 6818
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06818
    From:
    Sent:
    To:
    Subject:
    jason Falk
    Friday, March 12, 2010 5:23 AM
    secretary
    MARGIN RESTRICTION HURTS SMALL TRADERS
    The proposed margin restriction is an ASSAULT on the free market participants, specifically the small trader who is
    WORKING to make a living and a name for himself.
    IT is however, a GOOD way to force US trader to move money overseas and to support other brokers..
    It is a BAD idea to restrict leverage to 1:10. I like being able to make my own DECISIONS in a free market. Thank
    you.
    Sincerely,
    Day Trader Jay