Results 1 to 9 of 9
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03-03-2010, 21:05 #1
House Lawmakers Concerned On CFTC Retail Forex Leverage Proposal
I found this article to be excellent, it really does shed some light on what our legislature is thinking about the proposed 10:1 leverage limitation. It appears everyone is against this and the move doesn't exactly "protect" us as much as they want us to believe it might. Here's the article:
"If our leverage rules are 10-to-1 and leverage rules elsewhere are 100-to-1, the business is going to move elsewhere," Marshall said, adding that investors could be even less protected if business moves to a country with lax regulations.
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03-06-2010, 00:45 #2
I am totally against this BS, what a disaster this is going to be.
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03-09-2010, 08:46 #3
Seriously, more of a mess that doesn't get to the front page of any paper or even a mention on the tele.
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03-15-2010, 06:55 #4
Bump This, sad to see no one else care.
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03-15-2010, 09:13 #5
I sure as hell care, they are ruining this country one law at a time, BOO!!!
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03-16-2010, 16:02 #6
- Join Date
- Mar 2010
- Posts
- 15
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- 0
They are ruining this Forex Nation!
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03-18-2010, 16:49 #7
It's still not too late to submit your comments to the CFTC website.
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04-13-2010, 03:40 #8
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04-28-2010, 04:46 #9
Does anyone know how this turned out in the end?
"I came to make pips and chew bubble gum...damn, I'm all out of gum..."
-DickP, 2011
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