Comment Text:
i0-001
COMMENT
CL-00882
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Sent:
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Subject:
Annette Y. Nagatoshi
Tuesday, January 19, 2010 11:50 PM
secretary
Regulation of Retail Forex
Hello
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.
Please do not change the leverage requirements ....it will force many US forex traders to move their
trading accounts to other countries.
Annette Y. Nagatoshi
