The Fight Against 1:10 Leverage Limit Has Results – Keep it up!
March 4th, 2010 admin
Some American Congressman are dissatisfied with the CFTC’s proposed leverage limit of 1:10 in forex trading . This is a result of pressure that came from the public and forex dealers. The fight for the US forex industry is still on. Here’s an update. The CFTC wants to limit leverage to “protect the public”. That’s what CFTC Chairman Gary Gensler claimed in front of a House Committee. Well, this stance was met with angry congressmen. Collin Peterson: “I don’t get what we are trying to accomplish here by lowering this to 10 to 1,” said House Agriculture Chairman Collin Peterson (D., Minn), saying the proposal appears to put investors’ money even more at risk. “Who are you trying to protect …
Related Videos from Youtube
CFTC Chairman Gary Gensler's Interv...Chairman Gensler talks about financial regulatory overhaul and transparency in the swaps market.
CFTC: Trading movies like stock...On April 21, the Commodity Futures Trading Commission (CFTC), which oversees futures exchanges, gave regulatory approval to something called the Cantor Exchange -- which is basically a Hollywood Exchange that lets people bet on movies like they do stocks. Joe Weisenthal says that the people against this cite little evidence of how the movie industry could be harmed and goes on to say that this is like any other commodity exchange.
Mad Max Keiser Exposes CFTC Scam...SonsOfLibertyAcademy.com Max Keiser talks about the Silver manipulation by the big banks that are exposed to undeliverable silver shorts.
CFTC Coin-cidences..wmv...How many coincidences must there be before people finally realise that things are not happening purely by coincidence. Andrew Maguire informs the CFTC of the precious metals market manipulation www.gata.org Attempt made to take whistleblowers life in London, England. jessescrossroadscafe.blogspot.com Attack on King World News www.gata.org Come on folks, WAKE UP!!!!!!!!!!!!!!!!!!.
Jeremy Gardner vs. Colin Peterson...Tri-State Cage Fighting. Yankton, Sd. 06-26-2010. Jeremy Gardner in the red shorts. Colin Peterson in the white shorts. Jeremy Gardner wins via tapout 38 seconds of round number 1.
Collin Peterson Singing "I'm Y...15 Year Old Collin Peterson sings Jason Mraz "I'm Yours"
Collin Peterson on Idaho Farm Bill...US Rep. Collin Peterson of Minnesota discusses a meeting in Nampa with Idaho food producers discussing the 2012 federal Farm Bill. The House Agriculture Committee will hold similar meetings in other states.
Con. Collin Peterson - EPA...Texas Farm Bureau Field Editor Matt Felder sat down with Congressman Collin Peterson, chairman of the House Agriculture Committee at his Washington, DC office. The topic of discussion was cape and trade and the recent endangerment findings by the EPA.
Related Posts
Some American Congressman are dissatisfied with the CFTC’s proposed leverage limit of 1:10 in forex trading . This is a result of pressure that came from the public and forex dealers. The fight for the US forex industry is still on. Here’s an update. The CFTC wants to limit leverage to “protect the public”. That’s what...
The window for submitting comments to the proposed CFTC regulation is closing on March 22nd. This is the last call to act against the proposed 10:1 leverage limitation . With traders, forex brokers, introducing brokers and also congressmen against this proposal, there’s some hope. Here are the details: As we’ve seen in recent cases,...
It took the CFTC a lot of time, but they finally finalized their ruling for forex: leverage will be limited to 50:1 on major currencies, and 20:1 on minors. The pressure against the initial 10:1 proposal worked, but the industry will still change. American traders: Will you stay with your American broker? In January, the forex industry was shocked...
The debate over the CFTC 1:10 leverage proposal is hot. While some say it’s all over for the US forex industry, others think that this draconian proposal won’t be realized. I say – keep those letters coming. Here are some interesting thoughts. What do you think? Michael Greenberg continues to bury the American forex industry....
The absurd proposal by the CFTC to limit leverage in forex to 1:10 is causing anger. Here’s how you act to stop it! The CFTC is beginning to regulate American forex trading. In their initial proposal, there’s an idea to limit leverage to 1:10. High leverage is one of the key characteristics of forex trading. If this proposal is implemented,...
The proposed regulation by the CFTC isn’t only about leverage. It consists of regulations that are a big blow to brokers and to introducing brokers. A group of IBs has joined forces to challenge the CFTC in a new site: ibcoalition.org . All the founding members of this coalition are members of the NFA. Regarding permits, they ask to get the...
The proposed regulation of 1:10 leverage in forex is continuing to move the forex industry. 10 US forex brokers are united against this proposal and more new sites are out there. But not everybody is against it… The Forex Dealers Coalition (FXDC) has a new official website which explains the cause and calls for action. This simple and straightforward...
The week starts slowly with a holiday in the US for Martin Luther King’s day. We have a few indicators elsewhere before the market returns to full gear. Here’s the outlook. While the market’s volume is low due to an American holiday, another issue troubles American dealers – the CFTC 1:10 leverage limit – something that...
I shouldn’t have been so complacent in declaring the paradigm shift in forex markets, whereby risk aversion had given way to comparative growth and interest rate differentials. While such a shift might have been present – or even dominant – in forex markets over the last couple months, it appears to have once again been superseded...
As the dust from the Non-Farm Payrolls sets, it’s time to sit back and relax on some long-term forex-related articles for this long weekend. Here are my picks from the web. It was a very busy week indeed. Apart from a packed calendar and the Non-Farm Payrolls, the Bank of International Settlements officially released its triennial survey stating...
Related Tweets from Twitter
|
forexergreek (???????? ???????) : Crazy Forex Regulations by CFTC http://ameblo.jp/mediationline/entry-10609846962.html #FX #forex.. Updated : 2010-09-10T18:30:18Z | Reply | View Tweet |
|
randy_the_roger (Randy Rogers) : Francesc's Weblog » Update - US Trader Can Open Forex Trading ...: Interbank FX Supports CFTC Final Rules Regardin... http://bit.ly/9upqVF.. Updated : 2010-09-10T18:11:32Z | Reply | View Tweet |
|
ZulutradeMaster (ZulutradeMaster) : ZULUTRADE INC - NFA, CFTC Miembro ID 0389149 - Entidad Vigilidad y Regulada. http://bit.ly/bZ2lbg.. Updated : 2010-09-10T17:30:46Z | Reply | View Tweet |
|
kmcpartland (Kevin McPartland) : I'm there RT @DerivAlert: SEC/CFTC will hold a roundtable to discuss SEFs next Wednesday, Sept. 15, in DC http://bit.ly/9sz8Ji #SEF.. Updated : 2010-09-10T17:14:38Z | Reply | View Tweet |
|
zecco (Zecco) : CFTC Cuts Forex Leverage By Half http://bit.ly/c0MQJE #currencies #forex #mkts $$.. Updated : 2010-09-10T17:09:36Z | Reply | View Tweet |
Related News from Digg
I see a lot of good articles here, what template do you use ?