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Comment for Proposed Rule 75 FR 3281

  • From: David Taylor
    Organization(s):

    Comment No: 830
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00830
    From:
    Sent:
    To:
    Subject:
    David Taylor
    Tuesday, January 19, 2010 8:38 PM
    secretary
    Proposed CFTC Leverage Change
    Dear Secretary
    I am against the proposed forex and futures leverage (margin) changes. Traders that cannot manage risk to
    trading capital in a volatile market do not stay profitable and fail. It's a straightforward fact. The market
    decides which traders are capable of succeeding - not policies and regulation. Please do not introduce this
    proposed action.
    Sincerely,
    David Taylor