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Comment for Proposed Rule 75 FR 3281

  • From: Steve
    Organization(s):

    Comment No: 2764
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02764
    From:
    Sent:
    To:
    Subject:
    Steve
    Friday, January 22, 2010 2:52 PM
    secretary
    Regulation of Retail Forex
    Why?
    Why are there no stops and limits as if that was a bad thing. Opposing orders are much more
    difficult to manage.
    Why are you deleveraging retail customers as if they account for an even small percentage of the
    forex market. We are not dealing with a tangible commodity here but a Macroeconomic indicator
    of an entire country which cannot escape reality through minor irrelevant rule changes.
    You are intentionally trying to mess up the American traders and we are leaving, using businesses
    overseas. This is a global economy with access to exchange instantaneously in any country.
    I am sure that your disappointed in your ability to regulate the internet and you seem to revel in
    your rule changes that do nothing but destroy the American companies.
    Please just make it illegal to trade futures and commodities for anyone without a license. Why
    mess around with all these minor inconvenient measures? Until you can regulate the internet and
    control everything which I understand that, much to your chagrin, you're trying unsuccessfully to
    do you're rule changes really are just another death nail in the coffin of the American business.