Comment Text:
i0-001
COMMENT
CL-08759
From:
Sent:
To:
Subject:
Dennis Weldy
Sunday, March 21, 2010 1:40 PM
secretary
Regulation of Retail Forex
Dear Mr. Secretary,
Please keep the Maximum Leverage under the current regulations for retail forex customers at 100:1. Do not change it to
the proposed ratio of 10:1 (R1N 3038-AC61) which would make the U.S. retail forex market highly uncompetitive with
that of the Canadian and United Kingdom retail forex markets. Why would your office want to do that to the U. S. retail
forex market (customers)? Again, Please DO NOT change the current margin requirements. Thank you.
Sincerely
Dennis K. Weldy
19557 Lacey Lane East
Bristol, IN 46507
Mrdkwelldy48@yahoo. com