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Live Coverage: Open Discussion about the CFTC 10:1 Leverage Proposal

Posted on January 20, 2010 at 10:52 in Forex, NFA new requirements, Uncategorized by Francesc

Thursday 21st, at 14:00 GMT - 09:00 EST, right from FXstreet.com homepage.

Moderator:
Valeria Bednarik, FXstreet.com Chief Analyst

Speakers:
James Bibbings President and CEO of Turnkey Trading Partners
Joseph Trevisani, Chief Market Analyst at FX Solutions and representative of the Forex Dealers Commission
Jason Rogers Ambassador for Online Communities at FXCM and representative of the Forex Dealers Commission

Join us in a debate about the future of the Forex Retail Trading on US after the proposal of the CFTC about leverage.
James Bibbings, expert in the regulatory environment of the markets, will give his explanation and point of view about the proposal; you will also be able to ask Joseph Trevisani and Jason Rogers what you want to know about how the new regulation may affect your trading.
We will be waiting for you!

<a href="http://www.coveritlive.com/mobile.php?option=com_mobile&task=viewaltcast&altcast_code=65314fceb0">CFTC 10:1 Leverage Proposal on discussion with the Forex Dealers Commision members</a>

Tags: CFTC, Retail Forex

5 Responses to “Live Coverage: Open Discussion about the CFTC 10:1 Leverage Proposal”

on 21 Jan 2010 at 3:15 am1Kristina

Will there be a way to watch this event after it takes place, i.e. not live?

Thanks!
on 21 Jan 2010 at 3:51 pm2Andrei Pehar

The meeting will begin in 10 minutes.
Here is the link, everyone:

http://www.coveritlive.com/index.php?option=com_altcaster&task=siteviewaltcast&altcast_code=65314fceb0
on 21 Jan 2010 at 4:32 pm3Brandi

I almost feel as though my “rights” have been taken away. It’s time to start fighting back.
on 22 Jan 2010 at 6:39 am4Brent

This is insane! Are we becoming a communist country? Wait, even communist countries let their people trade so I don’t know what this is. If we write to the CFTC can they retaliate on the individual who voiced their opinion to them?
on 22 Jan 2010 at 5:32 pm5rhudson

I have no objection to greater regulation of the retail forex market. In particular, I want to see more stringent regulation re: spreads, market pricing and price manipulation through requotes and of course the elimination of stop hunting.
However, I am totally against the limitations proposed re leverages. Even when a firm offers high leverage the client can always choose to trade in very small lots, down to 0.01 of a lot in some cases.
So, why is there a need for statutory impositions of limits.

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