The US House just voted to repeal DODD FRANK

Jun 09, 2017 at 04:47
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4 Replies
Jun 09, 2017 at 04:47 (labots Jun 09, 2017 at 04:47)
I just noticed on CNN that The House just voted to repeal Dodd Frank.

Any thoughts on how this is going to impact US Brokerages and US based traders?

https://money.cnn.com/2017/06/08/news/economy/house-dodd-frank-repeal/index.html

If it looks too good to be true, it's probably a scam! Let the buyer beware.
Biedrs kopš   23 ieraksti
Jun 09, 2017 at 13:05
If so I guess they would remove FIFO and the non-arbitrage requirement.
Biedrs kopš   1487 ieraksti
Jun 09, 2017 at 15:16
They'll certainly be regulated a lot more loosely now.
Biedrs kopš   325 ieraksti
Jun 09, 2017 at 17:41
Might make the US slightly more competitive internally, and maybe internationally (where the US brokers are miles behind many other countries due to cost and trading options), but the end result of this depends on the regulations.
rob559
forex_trader_29148
Biedrs kopš   1916 ieraksti
Jun 11, 2017 at 06:37
more broker choice for us traders woul be a great news
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