Comment Text:
i0-001
COMMENT
CL-05018
From:
Sent:
To:
Subject:
Johnny
Thursday, February 4, 2010 5:39 PM
secretary < secretary@ C FTC. g ov >
Regulation of Retail Forex
Hi~
High leverage is one of the key characteristics of forex trading. If this proposal is implemented, it
will practically kill the American forex industry, as traders will move their business elsewhere.
Elsewhere meens other countrys like Russia or the UK, and there are a lot of unregulated brokers
out there that will welcome the money flow from the regulated brokers in the US.
Why not regulate the speed limit for cars, the amount of hamburgers you can buy every week.
Regulate everything meens socialism and that has never been the correct path for anything..
/Johnny
