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Comment for Proposed Rule 75 FR 3281

  • From: no-replyerulemaking
    Organization(s):

    Comment No: 2771
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02771
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Friday, January 22, 2010 2:59 PM
    secretary
    Public Submission for 2010-00456
    Public Submission for 2010-00456.zip
    Please refer to the attached file.Please Do Not Reply This Email.
    Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
    Intermediaries:
    Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
    FR Document Number: 2010-00456
    Legacy Document ID:
    RIN: null
    Publish Date: Wed Jan 20 00:00:00 EST 2010
    Submitter Info:
    first name James
    last name ODonnell
    address1 p.o. box 9694
    city seattle
    country United States
    us state WA
    zip 98109
    company Individual Forex Trader
    If such a rule was implemented it would knock my micro-account
    out of trading. I'm certant that a broad base of the working-class
    that trade in their spare time would also be locked out of trading if such a rule was
    implemented.
    If it is possible, could I be sent a brief description of what the CFTC is hoping to accomplish
    with another change to the margin requirements to trade?
    my e-mail is : [email protected]