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Dodd Frank revision effects?
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Dodd Frank revision effects?

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Elite Member
asheville north carolina USA
 
Futures Experience: Beginner
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bourgeois pig's Avatar
 
Posts: 312 since Sep 2014
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Dodd Frank revision effects?

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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