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Comment for Proposed Rule 75 FR 3281

  • From: Ashton Baney
    Organization(s):

    Comment No: 5495
    Date: 2/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05495
    From:
    Sent:
    To:
    Subject:
    Ashton Baney
    Sunday, February 21, 2010 8:49 PM
    secretary
    Regulation of Retail Forex
    You are a bunch of liars. You say that these new regulations are to protect forex traders. Yet all the regulations you
    have imposed make it easier for forex traders to loose money. These are not regulations, but violation's of the very
    basic principles of free trade.
    Mark my words, history will show that these violation's that you are imposing will hurt America. With the flick of a
    pen you have made America a less attractive place to do business. Commerce functions as the central mechanism
    which drives FREE MARKET capitalism and here you are doing everything you can to choke the free markets to death.
    Are you a bunch of socialists now, Thinking that if you limit the wealth of forex traders that it will be good for poor
    people?
    History has proven over and over again that socialism is an indisputable failure and yet it's astounding to me that
    people sill fail to grasp the deeper understanding that state interference (the keystone of socialism) destroys
    economic prosperity and freedom for all.
    Ashton Baney
    Brooklyn NY, 11220
    [email protected]