Comment for Proposed Rule 75 FR 3281
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From:
Denis Poulin
Organization(s):
Comment No:
660
Date:
1/19/2010
Comment Text:
io-ooi
COMMENT
CL-00660
From:
Sent:
To:
Subject:
Denis
Tuesday, January 19, 2010 3:07 PM
secretary
"Regulation of Retail Forex" / identification number R1N 3038-AC61
"Regulation of Retail
Forex"/identification
number RIN
3038-AC61
I can not find better words to describe my position on all this than those
ofAndrei Pehar, Chief
Currency Strategist at fxKnight.
Andrei says: "I 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."
I am in total agreement with the above quote .... please give this your very careful consideration!!!
respecfully submitted ....Denis Poulin... 01331
