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Comment for Proposed Rule 75 FR 3281

  • From: Micah Thompson
    Organization(s):

    Comment No: 8329
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08329
    From:
    Sent:
    To:
    Subject:
    Micah Thompson
    Wednesday, March 17, 2010 9:01 PM
    secretary
    Forex Leverage issue
    Dear David,
    I sent an email several weeks ago in regard
    to the issue of restricting leverage in the
    forex market arena, but thought I'd follow up
    with another email with a little different tone.
    Looking for input, then here's my thoughts.
    Let each trader decide what leverage
    they want.
    You know and I know that very few.., if
    anyone is going to write and say... Oh yes,
    please give us 10:1 leverage. We really want
    it.
    So please let be.
    We'll know soon enough if
    you ever really wanted to hear from the real
    traders. Naturally I'm abstaining from stating
    the CFTC has obvious "devious" reasons why
    it even considered the idea anyway. But time
    will tell soon enough if you really wanted to
    hear from the traders. So set aside any
    special interest agenda and make the right
    decision. Thanksi0-001
    COMMENT
    CL-08329