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Comment for Proposed Rule 75 FR 3281

  • From: Robert F
    Organization(s):

    Comment No: 739
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00739
    From:
    Sent:
    To:
    Subject:
    Technocrat
    Tuesday, January 19, 2010 5:13 PM
    secretary
    100:1 is just fine, leave it alone
    It's unclear what 10:1 would do any differently that isn't happening already. Perhaps an addendum
    should be attached to attempts at regulation such as this to make clear what the real intent is. It's an
    industry that's finding it's feet and doing quite well at it. The unsavory types are being thrown out and
    the new entrants are given an attempt to find responsible trading habits without large capital
    requirements, an opportunity everyone should have available.
    Go after the banks or something or better yet, start investigating entities that appear to regulate without
    representation. Just stop already, 100:1 is just fine.
    Robert F.