Comment Text:
i0-001
COMMENT
CL-04012
From:
Sent:
To:
Subject:
radnalac@yahoo, com
Tuesday, January 26, 2010 9:06 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Tuesday, January 26, 2010 at 09:05:33
commenter_subject: Regulation of Retail Forex
commenter frdate: unk
commenter_frpage: unk
commenter_comments: Please do not increase the margin requirements on
retail forex. It will eliminate me from
participating in the forex market. Since I can't
trust "professional brokers" with my money I have
instead spent many years learning how to trade the
forex market using current events, technical
indicators & many other tools so I can trade in the
REtail Forex Market. Professional traders are only
interested in making money for people who are
already wealthy (much larger commissions) so the
only one looking out for me is me. The government
has destroyed the banking industry so if I put my
savings in a bank I can get maybe 0.0010% interest.
That's a big help. The Retail Forex market gives me
the opportunity to participate without having to
risk my savings with some Madoff investor who
doesn't give a damn about me because I only have a
few hundred or a few thousand dollars for him to
steal.
I can only view this proposed change as an
effort to keep this investment tool available only
to the wealthy & to keep the average citizen under
their domain & control.
Again, I ask please do not increase these
margin requirements it will only result in lost
jobs, less money in the system & more resentment
for a government that is trying very hard to
bankrupt me. "You" (the government) are making
retirement very very difficult.
commenter_name: Jim O'Leary
commenter withhold address on: ONi0-001
COMMENT
CL-04012
commenter_addressl : not comfortable providing
commenter_city: this
commenter state: info
commenter_zip: over
commenter~hone: the intemet
