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Comment for Proposed Rule 75 FR 3281

  • From: Mike Koens
    Organization(s):

    Comment No: 7136
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07136
    From:
    Sent:
    To:
    Cc:
    Subject:
    Mike Koens
    Saturday, March 13, 2010 2:13 AM
    secretary
    [email protected]
    New leverage rules
    Dear sir,
    Your proposed rule changes concerning leverage at 10:1, are, in my view, ludicrous. What on earth are you people trying to achieve?
    The death of all US based Forex brokers? Or to see all Forex trading funds disappear off-shore, like mine have just done? Why do
    you take it upon yourselves to treat us like kindergarten chikdren? Do you not think that we can't understand the cocept of leverage
    trading? Enough said!!
    Regards, Mike Koens, Australia.