Comment for Proposed Rule 75 FR 3281
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From:
Michael Horniak
Organization(s):
Comment No:
922
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-00922
From:
Sent:
To:
Subject:
Michael
Wednesday, January 20, 2010 6:26 AM
secretary
Proposed maximum leverage change for Forex
To: CFTC
Please do not reduce the leverage requirement to 10:1. Doing so would eliminate the opportunity and incentive
for a small investor.
Regulation should limit the extremes of risk taking for any market e.g. 400:1. Any other risk levels in between
should be left to the determination of the investor.
Once again, please do not push out the small investor with a 10:1 maximum leverage.
Best Regards,
Michael Horniak
