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Comment for Proposed Rule 75 FR 3281

  • From: James White
    Organization(s):

    Comment No: 5670
    Date: 3/2/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05670
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, March 2, 2010 12:48 AM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Tuesday, March 02, 2010 at 00:47:55
    commenter_subject: Regulation of Retail Forex
    commenter_frdate: January 13, 2010
    commenter_frpage: 5772-10
    commenter_comments: I feel that it is wrong for a regulatory body to
    decide how restrictive brokers must be to their
    retail customers. It seems to me that the brokers
    have their own checks and balances in place to
    ensure that the loses to the company are minimized
    and it should be up to the individuals to decide
    how much they are willing to risk in their forex
    endeavors. People have lost significant amounts of
    their retirement savings as the "experts" told them
    to blindly invest most of their life savings in
    those investments. Why shouldn't forex investors
    be able to choose what amount of risk exposure they
    want when they are actively choosing it for
    themselves?
    commenter_name: James
    commenter_withhold_address_on: ON
    commenter_addressl: 4848 N Lydell
    commenter_city: Whitefish Bay
    commenter_state: WI
    commenter_zip: 53217
    commenter_phone: 414-312-3996