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Comment for Proposed Rule 75 FR 3281

  • From: Lanney Hulse
    Organization(s):

    Comment No: 5405
    Date: 2/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05405
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, February 16, 2010 3:29 PM
    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 I believe the
    cure is EDUCATION, not restricting what people can and cannot do with their investment decisions. Guide,
    don't dominate - government was intended to protect people and their property, not to limit their potential.
    Thank you
    Lanney Hulse
    Marion, Ohio
    RIN 3038-AC61