Comment Text:
i0-001
COMMENT
CL-02840
From:
Sent:
To:
Subject:
Peter Garner
Friday, January 22, 2010 4:16 PM
secretary
Regulation of retail Forex
Rin 3038-ac61
In light of the recent Wall Street bailout, I understand perfectly your thoughts on doing this. However
if you want to regulate all banks, brokerage houses (proprietary) and hedge
funds that might feel they would ever need a bailout that is one thing...to do this to private individuals is
another ...... unlike the stock market crash of 29 where margin calls could not be met...forex positions are
liquidated seamlessly and percentage wise not that volitatile. More movement is created by surprise
government releases.
Peter Garner
