Comment Text:
i0-001
COMMENT
CL-04956
From:
Sent:
To:
Subject:
Stephen White
Thursday, February 4, 2010 9:23 AM
secretary
Regulation of Retail Forex
To whom it may concern,
I have an account with FXCM-LLC which I have given up on for trading. I use it now to watch how the
Euro-dollar affect the stock market, Yen vs Aussie affect oil prices and others. It seems as though US stocks have
a fair market price that goes up and down based on the value of the dollar. This is not absolute, but pretty close.
How about we set all the currencies to a fair value and leave it there. Why should jobless claims, GDP, or the like
affect the exchange rate of the currency you're holding? This may be a simplistic approach, but why complicate
things?
Thank you,
Stephen White
