Comment Text:
i0-001
COMMENT
CL-00161
From:
Sent:
To:
Subject:
SEKI
Saturday, January 16, 2010 8:59 AM
secretary
Regulation of Retail Forex
Dear CFTC Sirs/Madams:
Hi, my name is Kuan and I live in Japan.
I've heard that CFTC will put restriction on the forex trading market for 10:1 rates.
This is a dangerous action so I would like to recommend you NOT to do this, because Japan goverment
did such restriction and everyone just puts their money all out of Japan, please believe such restriction
DOES NOT WORK and ONLY DESTROY the market.
But we know CFTC try to do this for safety of investors, however too much safety sometimes kill who
you
want to save. People learn from fails, and what is most important is education. Yes, I suggest to take
another
way to safe investors, like a contract/agreement before starting trading forex. To finish some education
before
trading. Just like some license. Please think twice before you try to do this registriton.
Everything on earth has risks, making such registrion is just like to tell everyone not to drive cars
because
driving is more dangerous that you may not only kill yourseld but kill someone else. I want to invest on
USA's
forex trading market so please discuss more. Please don't let USA forex trading go the same way Japan
does.
Wish you all happy days and happy lives.
Warm Regards,
Kuan
All for peace.
From uploaded file 161_---- - Copy.txt:
1/4/2010 3:55:29 PM... 23 change(s) to BPAC list.
1/4/2010 4:02:59 PM, True... 23 change(s) to BPAC list.
