Comment Text:
i0-001
COMMENT
CL-03628
From:
Sent:
To:
Subject:
Khalifa Rashid
Sunday, January 24, 2010 9:18 PM
secretary
"Regulation of Retail Forex"
Dear David
RIN 3038-AC61
"I am not opposed to regulation nor regulatory agencies. But that regulation needs to be
fair,
transparent, and open to public input.
Otherwise it becomes corrupt and self-serving Sure high
leverage can get you into trouble if used thoughtlessly. Sure hedging when not done properly turns one
loss into two. But I believe the cure is EDUCATION, not restricting what people can and cannot do
with their investment decisions. Guide, don't dominate - government was invented to protect people and
their property, not to limit their potential."
Regards,
Frederick
