Comment Text:
i0-001
COMMENT
CL-06195
From:
Sent:
To:
Subject:
Art Noehren
Friday, March 5, 2010 12:08 PM
secretary
regulation of retail forex
Gentlemen,
We do not need greater regulation with respect to such an open market. Citizens should be
allowed to decide for themselves how and at what risk they choose to take.
In addition, it is years past the time when large traders (ie., J.P. Morgan - (U.S.gov't)) are
openly allowed to manipulate the gold and silver markets by huge positions that are in obvious
opposition to your commission's position limits. There is no further reason to "study" this
situation to determine whether these positions exist; it is abundantly clear from your reports.
Thank you for the opportunity to speak. I hope your commission will take the responsible
actions that your processors have not had the courage to implement.
Very truly your,
Arthur H. Noehren
San Diego
