Comment Text:
i0-001
COMMENT
CL-00551
From:
Sent:
To:
Subject:
Quentin Craven
Tuesday, January 19, 2010 12:59 PM
secretary
Proposed forex leverage restrictions.
As an addition to the last email I sent, I would like to quote:
"1 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 invented to protect people and their property, not to
limit their potential."
Sincerely, Quentin Craven.
