Comment Text:
i0-001
COMMENT
CL-05445
From:
Sent:
To:
Subject:
John Lemkins
Thursday, February 18, 2010 3:09 PM
secretary
Regulation of Retail Forex
Regarding
RIN 3038-AC61
I have invested and traded the markets since 1967. Each investor/trader/speculator has his/her own seasons
and reasons. My reasons for how much risk I choose to take at this point in my life are very well thought out
and are different from the next person's risk tolerance. Just as there is strength in genetic diversity, there is
that same strength in the diversity of each individual's risk profile as it relates to market liquidity. And liquidity
is the markets' lifeblood. This proposed change is draconian, totalitarian, and simply bad for free markets. It is
government meddling of the worst kind. I challenge you to do better than that for the citizens and markets of
this great nation. We believe and trust that you can do better than that. But our patience is running out,
because time, the most precious of all commodities, is running out for meaningful actions to stabilize our
economic 'fault lines'. I urge you start managing the corruption, the misreporting, the callous regard for law, so
rampant among the big players on Wall Street and stop micromanaging Mainstreet.
