Comment Text:
i0-001
COMMENT
CL-02952
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Curry, Paul M
Friday, January 22, 2010 6:28 PM
secretary
"Regulation of Retail Forex"
RIN3038-AC61
Over-regulation stiffles business and the rules you brought in last year drove thousands of American
investers to use offshore companies at the expense of American Forex Dealers. Your new regulation of
10:1 leverage will exacerbate this. The consequences will be a loss of jobs to Americans and a
deterioration of the American way of life. There seems to be enough going on in Washington without
adding this mess. I believe that the present leverage requirment actually adds stability.
America is already suffering from a massive increase in Government, Government spending and
Government regulation and is out of control. Your new regulations will only speed this process up.
The voting public of Massechusetts yesterday clearly indicate that "We the People" have lost confidence
in the present Government and your new regulations will only add to this by further eroding their
"Freedom of choice".
Less is more...
Regards
Don't continue the drive to relocate american jobs overseas
Paul Curry
