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Barack Obama Criticizes US Regulators!

Jim — Thu, 21 Jan 2010 17:49:10 +0000

Fresh from his onslaught on retail forex traders, Barack Obama today took aim at another target instead. Those nasty, greedy bankers. According to Bloomberg Mr. Obama said in an interview with ABC that:

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The American Dream Moves Offshore?

Jim — Tue, 19 Jan 2010 13:19:11 +0000

When I started writing this blog in the Spring of 2009 I put forward the proposition that thanks to the advent of the internet and online retail forex brokers it had become possible for anyone possessing an entrepreneurial spirit, and prepared to put in the required effort over a number of years, to learn how to turn $1000 that they were willing and able to lose into a business that could support their family and themselves. I didn't say it was easy, but I did suggest it was possible. All that is about to change. It never was easy, and it looks like it's going to get ten times more difficult, for US citizens at least.

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NFA "Respectfully" Criticizes SEC Capital Requirements

Jim — Tue, 14 Jul 2009 14:18:27 +0000

In a recent letter to the Commodity Futures Trading Commission the National Futures Association commented on proposed further increases in net capital requirements for Futures Commission Merchants and Introducing Brokers.

Whilst the NFA:

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