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Comment for Proposed Rule 75 FR 3281

  • From: Ashton Baney
    Organization(s):

    Comment No: 6746
    Date: 3/10/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06746
    From:
    Sent:
    To:
    Subject:
    Ashton Baney
    Wednesday, March 10, 2010 5:37 PM
    secretary
    Regulation of Retail Forex
    You are a bunch of liars or lawyers who don't know anything about trading or free market capitalism. 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]