Comment Text:
io-ooi
COMMENT
CL-07234
From:
Sent:
To:
Cc:
Subject:
David Bernard
Saturday, March 13, 2010 9:19 AM
secretary
[email protected]
Regulation of Retail Forex
RE: RIN 3038-AC61
Dear Mr Secretary,
I would like to give you my view: I am
against this.
I don't see the benefit of it for retail traders. I
thought
you
are supposed to be there to provide a safe environment to trade in, not kick us out of the game!! The ruling last
year of brokers and dealers having to remove stop loss and limit order options from their trading platforms was
also one I couldn't understand, this suggested to me you want retail traders to lose all their money by removing
these systems that's there to provide a safe environment. May I suggest you go out to the public and ask what
they would like so that you can provide a safe environment to trade in. Yeah! I know this was some other august
body that came up with this one but it does begger belief! Perhaps you both need your heads banging together
and then we might see some sensible proposals to provide a safe environment. Question: Have any of you or do
any of you do trading? If not then perhaps you're not really qualified really to come up with these ideas, hence
them being absurd!
Regards
David Bernard
