Quote:
Originally Posted by forex savior
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I don’t think people realize just how perilous the situation is. This could all become law in a month’s time. Traders, brokers and medium sized dealers should call their Congressman right away. It seems Congress is only hearing from the regulators, not the general public. As a trader I want a healthy industry with stable, well capitalized firms. But I also want good service and tight spreads. Having only 6 firms in the industry is not going to guarantee either.
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I think I realize quite well thank you very much.... 20 Million is chump change for any company with even the most modest bit of substance. IMO, this is great news for the average trader who doesn't want grifters and glad handers out there running shoddy Rip'em good bucket shops with no recourse (or very little)...
Bout times I sayzz....