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Comment for Proposed Rule 75 FR 3281

  • From: Clyde Keene
    Organization(s):

    Comment No: 4947
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04947
    From:
    Sent:
    To:
    Subject:
    clyde keene
    Thursday, February 4, 2010 8:37 AM
    secretary
    Regulation of Retail Forex
    I am not opposed to regulation nor regulatory agencies. But that regulation needs to be
    fair, transparent, and open to public input,
    Otherwise it becomes corrupt and self-
    serving. Sure high leverage can get you into trouble if used thoughtlessly. Sure hedging
    when not done properly turns one loss into two. But ! believe the cure is EDUCATION,
    not restricting what people can and cannot do with their investment decisions. Guide,
    don []t dominate - government was invented to protect people and their property, not to
    limit their potential.