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<p>[QUOTE=&quot;desertgem, post: 1205600, member: 15199&quot;]I read it as a restriction on futures trading involving principals that do not directly report to the SEC or similar government agencies. Since it exempts any transaction that is completed ( or written to be completed) within 28 days, it would mainly affect speculators and companies that are functioning as a private futures broker, offering contracts and margins. etc. outside of markets like CME ( which does report to the SEC as a public company).</p><p><br /></p><p>I think the company sending this is appealing to the libertarian side of PM people over what I see as a tightening of speculation in the PM area. IMO of course.[/QUOTE]</p><p><br /></p>

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