Comment Text:
i0-001
COMMENT
CL-05934
From:
Sent:
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Subject:
[email protected]
Thursday, March 4, 2010 7:59 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Thursday, March 04, 2010 at 07:58:50
commenter_subject: Reulation of off exchange forex markets
commenter frdate: 1/20/2010
commenter_frpage: 75 FR 3281
commenter_comments: I don't understand your motivation in seeking to
over regulate the OTC foreign exchange industry. I
believe you think you're regulation will stop the
huge losses incurred by the small uninformed
investor. This simply will not happen, unless you
are planning on closing all forms of financial
opportunity to the less financially savvy. There
have been snake oil salesmen since the beginning of
time, and they will exist as long as the ignorant
exist. Regulation will not repair the human
condition of greed driven blindness. The way I see
it, you have proper regulation in place. Changing
the regulation and potentially forcing good
companies off shore, is poor use of your power as a
governing body. Why punish honest hard working
Americans chasing the dream?
commenter_name: Jeffrey Canida
commenter withhold address on: ON
commenter_addressl : 391 Southgate Dr S
commenter_city: Monmouth
commenter_state: Oregon
commenter_zip: 97361
commenter~hone: 503-569-9559