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Comment for Proposed Rule 75 FR 3281

  • From: Joe Cote
    Organization(s):

    Comment No: 8507
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08507
    From:
    Sent:
    To:
    Subject:
    J cote214@aol, com
    Thursday, March 18, 2010 2:51 PM
    secretary
    Leverage change
    Dear Secretary,
    Please don't go to 10:1 leverage if you do this mean I will need to fund my account with a minimum $10,000.00.
    This is real bad for us small traders who work very hard at this, and treat it as a real business, with a lot of
    study time.
    The government does not need to protect us because a few nuts don't know how to trade and did not study the
    forex mkts.
    If you must put a limit, please consider 100"1 this will be fine for us small traders. For some of us this is our way
    of making a small living since
    the Government put the Economy in the
    dumper. I do not collect food stamps
    or get wellfare support, or collect unemployment, this is my living. When i
    make money
    i pay all taxes. Please
    No more Government Control.
    Please re consider the change.
    Joe Cote