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Comment for Proposed Rule 75 FR 3281

  • From: Tony
    Organization(s):

    Comment No: 8710
    Date: 3/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08710
    From:
    Sent:
    To:
    Subject:
    awg
    Saturday, March 20, 2010 6:42 PM
    secretary
    "Regulation of Retail Forex
    RIN 3038-AC61
    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.
    Tony