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Comment for Proposed Rule 75 FR 3281

  • From: Bob Mauss
    Organization(s):
    ProAct Traders LLC

    Comment No: 310
    Date: 1/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00310
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, January 18, 2010 10:34 AM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Monday, January 18, 2010 at 10:33:36
    commenter_subject: Proposed 10:1 margin on Forex
    commenter_comments: I am sure you realize that there will be a massive
    rush of dollars from U.S based Forex companies...to
    those outside the U.S. for the serious forex
    trader. In an effort to try to protect the "little
    guy" this change to margin in the forex will
    boomerang, and hurt the trader and the country's
    economic health. You are trying to swing the
    pendulum too far. Please consider leaving the
    margin at 100:1. Thank you!
    commenter name: Bob Mauss
    commenter firm: ProAct Traders, LLC
    commenter withhold address on: ON
    commenter addressl: 106 S. Harris St.
    commenter address2: Ste 132
    commenter_city: Round Rock
    commenter state: TX
    commenter_zip: 78664
    commenter~hone: 512.751.7615