Comment for Proposed Rule 75 FR 3281
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From:
Dan Morganti
Organization(s):
Comment No:
1332
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01332
From:
Sent:
To:
Subject:
Dan Morganti
Wednesday, January 20, 2010 10:57 PM
secretary < secreta ry@ C FTC. g ov >
Regulation of Retail Forex -leverage limitations
Dear Sir or Madame,
Regarding proposal
RIN 3038-AC61;
I'm a retail forex trader who takes full advantage of the
100:1 leverage offered by my broker. I'm fully aware of the risks involved but with proper money
management and a very discerning method of choosing trades I've never had a margin call. Forex
trading is an integral part of my investment strategy and reducing the leverage I can use would
greatly hinder my progress in building my retirement nest egg. So please count me as one who is
very much opposed to any reduction in the leverage offered by retail forex brokers.
Thank you for your attention.
Dan Morganti
[email protected]
310.251.3588
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