A Forex.com overreaction? or outlaw retail gold and silver trading is around the corner?
Dodd-Frank rules outlaw retail gold, silver trading?
Forex.com has reportedly warned clients they will no longer be allowed to trade over-the-counter precious metals, including gold and silver under Dodd-Frank regulations taking effect next month.
Online Broker Says No Dodd-Frank Link To Ceasing Gold, Silver CFDs
SYDNEY -(Dow Jones)- Online brokerage CMC Markets PLC (CMCM.LN) said Monday there is no link between the decision of its Australian branch to stop offering some gold and silver derivative products and post-financial crisis regulatory reforms in the U.S.
OPINION: Dodd-Frank regs go too far
By Judd Gregg at The Hill
On July 16, over 200 new rules and regulations are going into effect as a result of the Dodd-Frank financial “reform” bill.
This will not be a good experience for our economy. It will hurt job creation and our international competitiveness. Other than the corporate bar, I cannot think of anyone this side of Harvard Law School who is looking forward to this explosion in regulatory excess.