Wednesday, February 11, 2009

TRANSPARENCY

TRANSPARENCY.

Every government contract and bid should be available for the public to view BEFORE any money is spent. There would be plenty of citizens who would love to review these documents and point out ways to save money.

For example, if a contractor is charging $1.00 for a receptacle then someone could point out you can buy them cheaper at Lowes or Home Depot.

Another benefit this would have is that it would level the playing field. It would be very hard for the Good Ole Boys to award contracts to their buddies.

Wednesday, February 04, 2009

BIG BROTHER WANTS TO REDUCE FOREX LEVERAGE

Retail Forex
FINRA Requests Comment on Proposed Rule to
Establish a Leverage Limitation for Retail Forex
Comment Period Expires: February 20, 2009

Executive Summary
FINRA is requesting comment on a proposed rule prohibiting any member firm from permitting a customer to: (1) initiate any forex position with a leverage ratio of greater than 1.5 to 1; and (2) withdraw money from an open forex position that would cause the leverage ratio for such position to be greater than 1.5 to 1.

The text of proposed FINRA Rule 2380 (Leverage Limitation for Retail Forex) is set forth in Attachment A.

Questions concerning this Notice should be directed to:

 Gary Goldsholle, Vice President and Associate General Counsel,
Office of General Counsel (OGC), at (202) 728-8104; or
 Matthew E. Vitek, Counsel, OGC, at (202) 728-8156.

Action Requested

FINRA encourages all interested parties to comment on the proposal.
Comments must be received by February 20, 2009.


Email comments to pubcom@finra.org

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Full text attached.


EVERYONE MUST SEND AN EMAIL AND TELL BIG BROTHER TO BUTT OUT!!