CFTC opens proposal to public comment

I am sure the participants here could add valuable insights to the CFTC on their recent proposal description :http://business.financialpost.com/2011/02/24/seeking-better-defined-trading-rules/ besides sending a letter, i would guess there is a response form at the CFTC website.

I am sure the participants here could add valuable insights to the CFTC on their recent proposal

description :http://business.financialpost.com/2011/02/24/seeking-better-defined-trading-rules/

besides sending a letter, i would guess there is a response form at the CFTC website.

FWIW my opinion:

The system is not designed to support speculators. Our leaders in this country believe that fraud is
a legitimate tactic to place money and power in the hands of the "tighter and righter" to use the words
of Bush Sr. Complaining about it to the CFTC is akin to pissing into the wind.

A better course of action is to move your bussiness as a speculator to another bourse abroad.

Edited by jjc, 25 February 2011 - 11:45 AM.

As an example consider how the british regulators handled this with Citi:

http://query.nytimes...755C0A9639C8B63

speaking of raps - DB in Korea

http://news.yahoo.co...cksdeutschebank


but please - make comments to the CFTC, not just the board....