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Comment for Proposed Rule 75 FR 3281

  • From: Lai Y Kong
    Organization(s):

    Comment No: 7132
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07132
    From:
    Sent:
    To:
    Cc:
    Subject:
    Lai Jot Kong
    Saturday, March 13, 2010 1:49 AM
    secretary
    [email protected]
    Leverage change
    With the leverage lowering to 10: 1, Brokers, Trainers and traders will be badly affected. Brokers will not be able to
    maintain their busisness which will eventually result an increase of unemployment rate. Trainers may be out of
    business.
    Many traders will find it difficult to trade under such conditions and will likely invest their funds in other
    countries. This move will not be good for the U.S. economy.
    I hope the leverage should be maintained to 100:1
    With Regards,
    Lai Yat Kong
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