Dodd Frank revision effects?

NexusFi · 2014-12-11T22:52:49-05:00

Tonight the house voted to pass a bill to avoid a government shutdow. THere was a provision in the bill : "Democrats objected to a part of the legislation that would reverse Dodd-Frank Act requirements for banks to push out some derivatives trading into entities not backed by the Federal Deposit Insurance Corp." What does this mean to us as retail traders? A short term rally or correction as the market factors this into price? Long term implications? Nothing at all? WHy? Thanks.

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Updated December 12, 2014

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Dodd Frank revision effects?

December 11th, 2014, 10:52 PM	#1 (permalink)
bourgeois pig asheville north carolina USA Elite Member Experience: Beginner Platform: Coinbase Pro, Uniswap Broker: Coinbase Trading: crypto currency Posts: 313 since Sep 2014 Thanks Given: 766 Thanks Received: 274	Tonight the house voted to pass a bill to avoid a government shutdow. THere was a provision in the bill : "Democrats objected to a part of the legislation that would reverse Dodd-Frank Act requirements for banks to �push out� some derivatives trading into entities not backed by the Federal Deposit Insurance Corp." What does this mean to us as retail traders? A short term rally or correction as the market factors this into price? Long term implications? Nothing at all? WHy? Thanks.