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Comment for Proposed Rule 75 FR 3281

  • From: Jim Rhoads
    Organization(s):

    Comment No: 180
    Date: 1/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00180
    From:
    Sent:
    To:
    Subject:
    Jim Rhoads
    Saturday, January 16, 2010 12:46 PM
    secretary
    10:1 Proposal
    It appears to me that the proposed margin requirement of 10%, rather than the current 1%
    margin, is ill advised. It looks as if it favors the "Big Boys" of currency trading over the smaller
    retail trader.
    I am against the proposal. :(
    Jim Rhoads
    17 Fordyce Rd.
    White Salmon, WA 98672
    cell: 509-774-7483