Comment for Proposed Rule 75 FR 3281
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From:
Morgan Emmanuel
Organization(s):
Comment No:
3149
Date:
1/23/2010
Comment Text:
i0-001
COMMENT
CL-03149
From:
Sent:
To:
Subject:
morgan
Saturday, January 23, 2010 6:22 AM
secretary
Regulation of Retail Forex
Dear Sir/Ma,
With reference to the subject above, am writing to make known my reservation.
I do not support the proposed regulation to set a maximum leverage for US retail forex to 10:1
Quoting a member of forex peace army,"I I love risk management. I can take or make the worst trading
decisions in the world and only lose money at an incredibly slow pace. Risk management is a good
thing, but this is ridiculous." I can't agree less with this point of view. Moreso, this amount to denying
me right to make my own informed trading decision.
Summarily, I am unequivocally stating and registering my rejection of this proposed regulation.
Yours Sincerely,
Morgan Emmanuel.