Comment Text:
i0-001
COMMENT
CL-08550
From:
Sent:
To:
Subject:
Dan Spengler
Thursday, March 18, 2010 8:21 PM
secretary
'Regulation of Retail Forex'
My name is Dan Spengler and I have been trading in the forex market for almost eight years. RIN 3038-
AC61 and the installation of a 10:1 leverage for all US accounts would make the US market not
competitive and force me to move my account to a firm that has accounts based in London. Leverage of
less than 100:1 that I currently use would force me to do this. With proper use of Stop Loss orders there
is not a need for this as it would weaken the US forex market.
