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Comment for Proposed Rule 75 FR 3281

  • From: Jesse Kapili
    Organization(s):

    Comment No: 5470
    Date: 2/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05470
    From:
    Sent:
    To:
    Subject:
    Jesse Kapili
    Saturday, February 20, 2010 10:55 AM
    secretary
    Regulation of Retail Forex
    Mr. David Stawick:
    In America, we are suppose to have freedom of choice. Why should the Forex markets be any different?
    Yes, I like the idea that somebody is looking out to keep everybody honest, but does the protection of
    consumers from fraud and deception necessarily mean taking away that freedom of choice? The meaning
    of protection is to "support" the one that is smaller or weaker. Instead, what the proposal is doing is to
    "restrict" the smaller and weaker from competing and playing the game. As usual, it seems like the "haves"
    always get their way and the "have nots" are kept out.
    While you guys are at it, why don't you also make a proposal to limit the number of lotto tickets you can buy
    to just one per drawing? Wouldn't that be fun? Everybody is safe.
    Sincerely,
    Jesse
    RIN 3038-AC61