Comment Text:
i0-001
COMMENT
CL-04511
From:
Sent:
To:
Subject:
Wes Baldock
Friday, January 29, 2010 8:50 PM
secretary
'Regulation of Retail Forex'
Folks,
Concerning this margin change with FX markets. ID number RIN 3038-AC61
I sure hope you folks take time to think this through. I am not seeing to much coming from our government lately that has
been though about.
I am sure your intentions must be to drive the small player out of this market. The reason would be obvious if you think
about it. A small spike and oops margin call. So who do we really benefit by doing this, or is this just more government
control.
If the intentions are to help the uneducated investor. I commend you for your thoughts but its going to take there money
faster. The reality is for the uneducated investor they are going to loose there money anyways so your proposal is of no value
to them.
I could go on and on but my guess is you probably don't care about any of our opinions anyways.
If you reply I would like to know if it legal to be a American citizen and open a account in another country? Or what do I
need to do to make this leagal?
Sincerely
Wes Baldock
