Comment Text:
i0-001
COMMENT
CL-03857
From:
Sent:
To:
Subject:
harry kaneer < harrykaneer@ hotmail.com >
Monday, January 25, 2010 5:34 PM
secretary < secretary@ C FTC. g ov >
regulation of retail forex
While the intent of new regulation may be to protect the consumer, government regulation always
is restrictive of the people. Care is a necessary ingredient in any investing activity and preventing a
majority of people from trading in the Forex markets will only limit the choices of the american
people still more.
Without opportunity people simply become slaves to whatever is "normal". Leaving access to these
markets is of benefit to the larger or largest players. I beleive this is the intention. As banks make
millions in this arena and have for decades the market noise often creats problems for their profit
centers. The cftc exists to help the people not stop the people. The regulation proposal of a 10-1
limit on margin is suppressive of the people and protective of the major players.
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