Comment Text:
i0-001
COIMMENT
CL-05866
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Sent:
To:
Subject:
smoke
Thursday, March 4, 2010 12:00 AM
secretary
Regulation of Retail Forex
Here we go again with the Obama's Peoples Republican guard imposing
fixes and fines and limits where none are needed.
Another rule, another law limiting freedom, imposed by those who had
no input into it's invention.
Let me remind you that there are great benefits to the liquidity that
the little guy adds to the market and that you seem to want to
eliminate.
No one is getting hurt nor will they with margins as they stand.
However, it seems your ability to control will be easier with fewer
players and I
suspect, that that's your primary objective. It's about power and
not about efficiency. It's not well thought-out and completely
unnecessary.
This ain't the Harvard Club where only certain economic classes are
allowed or allowed to speculate or hedge their speculation.
It's an industry in infancy and it's providing much needed jobs and
opportunity for more and more people ......... and you want limits?
Please tomorrow morning, just stay home, don't come to work. Your not
needed and you will only do harm.
