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Comment for Proposed Rule 75 FR 3281

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  • From: Daz Aanenson
    Organization(s):

    Comment No: 2266
    Date: 1/21/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-02266
    From:
    Sent:
    To:
    Subject:
    Daz Aanenson
    Thursday, January 21, 2010 9:06 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    RE: RIN 3038-AC61
    Mr. Stawick:
    Restricting leverage and margins on forex trading IN ANY WAY is NOT the way to go!
    Traders should be free to decide what and how to do their business. I must be free to
    spend/invest MY money on what I want. If I profit - fine, if I fail, it is a lesson for better decisions
    next time. I must be free to take that personal responsibility or not on what I do with my
    finances. Any government controls/restrictions will only hinder the process, not improve it.
    If leverage or any other government restrictions are applied to any retail trading, especially Forex -
    at this time, will only help to slow or destroy any chance for the current US economic problems to
    improve any time soon - if ever, much less the world.
    Can you say WORLD-WIDE DEPRESSION? You are asking for it with restrictions such as this! -
    and don't get me started on any proposed transaction tax - which is also a very BAD IDEA for the
    markets!
    Sincerely,
    Daz Aanenson
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