Subject: File No. S7-10-10
From: Maxim Golant
Affiliation: Student Bloomsburg University

April 27, 2010

With the implementation of the propsed rule 13h-1 I feel that the SEC will uncover many large traders that conduct fraudulent or manipulative activity. It is possible however, that large traders would disclose false information to cover their tracks. Overall, it is in my opinion that the SEC is propsing rule 13h-1 not to study how trading affects market activity, but to finde and eliminate fraudulent activity. Assuming all traders disclose the necessary information the SEC should be successful.