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Comment for Proposed Rule 75 FR 4143

  • From: Ashton Baney
    Organization(s):

    Comment No: 16864
    Date: 3/10/2010

    Comment Text:

    10-002
    COMMENT
    CL-07864
    From:
    Sent:
    To:
    Subject:
    Ashton Baney
    Wednesday, March 10, 2010 5:37 PM
    secretary

    Regulation of Retail Forex
    You are a bunch of liars or lawyers who don't know anything about trading or free market capitalism. You say that these new
    regulations are to protect forex traders. Yet all the regulations you have imposed make it easier for forex traders to loose
    money. These are not regulations, but violation's of the very basic principles of free trade.
    Mark my words, history will show that these violation's that you are imposing will hurt America. With the flick of a pen you
    have made America a less attractive place to do business. Commerce functions as the central mechanism which drives FREE
    MARKET capitalism and here you are doing everything you can to choke the free markets to death.
    Are you a bunch of socialists now, Thinking that if you limit the wealth of forex traders that it will be good for poor people?
    History has proven over and over again that socialism is an indisputable failure and yet it's astounding to me that people sill
    fail to grasp the deeper understanding that state interference (the keystone of socialism) destroys economic prosperity and
    freedom for all.
    Ashton Baney
    Brooklyn NY, 11220
    baney [email protected]