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Comment for Proposed Rule 75 FR 3281

  • From: Sebastian Palmigiani
    Organization(s):

    Comment No: 3873
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03873
    From:
    Sent:
    To:
    Subject:
    sebastian
    Monday, January 25, 2010 6:24 PM
    secretary
    Regulation of Retail Forex
    Hello, this is in regard to the proposal to reduce leverage to 10:1 for
    retail forex.
    My view, as a trader, is that I would like to be the one to decide what
    I risk. A trader who is not careful can just as easily lose their
    account at 10:1 leverage just as they would at 100:1 leverage. My
    request is to keep leverage at 100:1 for the major pairs. For the more
    exotic pairs you can reduce leverage.
    Thank you.
    Sebastian Palmigiani