Comment Text:
io-ooi
COMMENT
CL-00579
From:
Sent:
To:
Subject:
Eduardo Medina
Tuesday, January 19, 2010 1 : 13 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
I can not find better words to describe my position on all this than those
ofAndrei Pehar, Chief
Currency Strategist at frKnight.
Andrei says: "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."
RIN 3038-AC61
I love the freedom the we have in this country, and to have thees regulation is to take our responsibility
away from us.
If we going to continue grown is a country we need to allow people to have personal responsibility.
Eduardo Medina
[email protected]