Comment Text:
i0-001
COMMENT
CL-03873
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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