Comment Text:
i0-001
COMMENT
CL-03997
From:
Sent:
To:
Subject:
Ilan Bernhard
Tuesday, January 26, 2010 7:30 AM
secretary
Regulation of Retail Forex
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
Ilan Bernhard
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