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Comment for Proposed Rule 75 FR 3281

  • From: Bill Graves
    Organization(s):

    Comment No: 6082
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06082
    From:
    Sent:
    To:
    Subject:
    Gentlemen:
    Bill Graves
    Friday, March 5, 2010 10:01 AM
    secretary
    Regulation of Retail Forex
    RIN
    3038-AC61is nothing more than another exa~p~lflj~rnment's unnecessary meddling in private
    business.
    (602) 404-0488
    I and I alone am responsible for my actions and decisions. I do not fi-~-e~f-9-6-0 -i~5---15~btect me from myself.
    AC~ear~l~eer~mple: You cannot tell me that even the even the most uneducated homeowners who jumped
    into overpriced real est, ate with interest onl,¥ or negative amortization I,o, ans did not know on some level ,that
    a
    ent s unnecessary meddhng ~n pnvate
    business.
    If I misuse the leverage afforded by current Forex units, that is my problem, not yours.
    I and I alone am responsible for my actions and decisions. I do not need you to protect me from myself.
    Ki,ndly s.p.end your,tim,e and efforts detecting ,and investigatin£misrep, resen, tatio, n and fraud. It wo,uld be
    b~t!~{~rs~l~o, xamp~e: You cannot tell me that even the even tne most uneducated homeowners wno jumped
    into overpriced real estate with interest only or negative amortization loans did not know on some level that
    they could not afford their purchase. Simply greed overcame them.
    If I misuse the leverage afforded by current Forex units, that is my problem, not yours.
    Kindly spend your time and efforts detecting and investigating misrepresentation and fraud. It would be
    better spent.
    Bill Graves
    (602) 404-9488 ©
    Fax
    602-404-9488 © Email [email protected]