Comment Text:
i0-001
COMMENT
CL-04200
From:
Sent:
To:
Subject:
koolraul
Wednesday, January 27, 2010 12:36 AM
secretary
Regulation of Retail Forex
David Stawick
Secretary
Commodity Futures Trading Commission
Sir:
This is in regards to CFTC proposal RIN 3038-AC61. Although the agency has a good intent of protecting the
investing public, this proposal is not in the best interest of the investing public. It is understandable that high
leverage and hedging can get anyone into trouble. However, restriction to limit the potential of an investment
vehicle is not the proper approach. Continuing education of the investing public is the solution to this. The
investing public should have the right to make their own investment decisions and accept any associated risks on
those investment vehicles. The government should provide the necessary guidance and not restrictions.
Sincerely,
Raul Andaya
