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Comment for Proposed Rule 75 FR 3281

  • From: Claudia Taylor
    Organization(s):

    Comment No: 7909
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07909
    From:
    Sent:
    To:
    Subject:
    Claudia Taylor
    Tuesday, March 16, 2010 1:32 PM
    secretary < secretary@ C FTC. g ov >
    Leverage - Vote Against
    Dear Sirs.
    I object strongly to this projected further reduction in leverage to be
    imposed on traders. It was not long ago that 400:1 leverage was available. Then it was
    reduced recently to 100: (Surely that should be sufficient.) Let people decide for
    themselves how they want to trade, Treat people like adults they will act like adults. Stop
    the control.
    If you ask me, I think this thinking is OVERKILL due to GFC.
    Most of the GFC problems were due to corporate type organisations, and
    corruption, not the ordinary trader.
    Think again and leave things as they are, in order to give
    incentive to the small trader.
    Claudia Taylor
    Thoughts become things ~ Choose good ones!
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