Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Joe Shaw
    Organization(s):

    Comment No: 8283
    Date: 3/17/2010

    Comment Text:

    lO-OOl
    COMMENT
    CL-08283
    From:
    Sent:
    To:
    Cc:
    Subject:
    Joe Shaw
    Wednesday, March 17, 2010 6:59 PM
    secretary
    John Kondor ; Trevor Shaw

    new proposal to change leverage available to their retail customers to 10 to l
    To whom it may concern.
    I want to voice my concern about the proposed new rule change. I understand why something needs to
    be done to protect the retail trader. 400, 300, 200 even 100 to l is way to much leverage. I would
    support a 50 to one rule maximum. 10 to one is way to extreme. Please consider this level as an option.
    Thank You
    Joe Shaw
    Portland, Oregon