Comment Text:
i0-001
COMMENT
CL-02368
From:
Sent:
To:
Subject:
Warren Rawlings
Thursday, January 21, 2010 11:44
PM
secretary
Regulation of Retail Forex
name, contact information (address and phone number) and email address.
I think you should let retail stay at the current level in the world
of FOREX. Frankly, it wasn't the FOREX people that did this to us.
Also, we are not in a situation where someone could Break our currency
like Soros did to the Pound.
I admit I'm not a FOREX trader. I follow the market to prepare myself
to be a trader. I want to build up a good $10K before starting.
Personally, I SEE IT AS the only place that normal people can
understand what's going on at a level that they can manage their own
investments.
In the rest of the investment world, we have a situation where I pay
someone else to invest my money and they get paid if I win or lose.
That's not cool. I really feel that I have enough macro economic
understanding to do position trades off of the nightly news and some
technicals. At least my paper trades have been telling me that.
People have been talking about a global shortage of everything so if
that is true we will need to regulate the oil and other commodities
trading. Good luck with that. But please don't change my FOREX. If
anything, change the way the BANKS have to do it but not the retail
people.
Warren Rawlings
rawlings.warren@gmail, corn
coroflot, com/RawVision
770-778-3974
10425 Sugar Crest Ave
John's Creek GA 30097
