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Take Action: Don't Let Wall Street Offshore Its Recklessness


Business  (tags: abuse, americans, business, corporate, consumers, dishonesty, corruption, economy, ethics, finance, government, investing, investments, investors, law, lies, marketing, money, politics, society, usa )

JL
- 430 days ago - action.citizen.org
Urge the Commodity Futures Trading Commission to Keep Risky Derivatives Trades in Check, No Matter Where They Occur



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JL A. (269)
Saturday February 9, 2013, 9:33 am
Don’t Let Wall Street Offshore Its Recklessness
Urge the Commodity Futures Trading Commission to Keep Risky Derivatives Trades in Check, No Matter Where They Occur

Some of Wall Street’s most reckless and risky gambling occurs in the global derivatives market.

The Commodity Futures Trading Commission (CFTC) is readying to crack down on this reckless gambling – but Wall Street lobbyists are demanding loopholes that will make the new regulations virtually meaningless.

CFTC commissioners wrote strong rules to prevent Wall Street from engaging in risky transactions that could jeopardize our country’s financial security, no matter where in the world those transactions happen. But Wall Street – with help from foreign banks and foreign regulators – is pushing for rules that would, in effect, limit the scope of US enforcement to derivatives traders physically based in this country.

This would create a giant loophole that would encourage banks – the biggest of which already have major operations outside of the U.S. – to move transactions offshore to escape regulation.

Urge the CFTC to oppose Wall Street’s recklessness-offshoring loophole.
 

Sara W. (110)
Saturday February 9, 2013, 11:15 am
Signed.
 

Angelika R. (143)
Saturday February 9, 2013, 12:12 pm
signed earlier
 

JL A. (269)
Saturday February 9, 2013, 12:38 pm
You cannot currently send a star to Sara because you have done so within the last week.
You cannot currently send a star to Angelika because you have done so within the last week.
 

Mitchell D. (123)
Saturday February 9, 2013, 1:14 pm
Signed and noted: "these greedy bastards can not be allowed to engage in still more reckless behavior, from the wreckage of which they will almost certainly walk away smiling."
 

JL A. (269)
Saturday February 9, 2013, 3:30 pm
You cannot currently send a star to Mitchell because you have done so within the last week.
 

Roger Garin-michaud (60)
Saturday February 9, 2013, 3:36 pm
noted, thanks !
 

Joe R. (195)
Saturday February 9, 2013, 3:36 pm
Thanks JL. Signed and noted.
 

JL A. (269)
Saturday February 9, 2013, 5:01 pm
You are welcome Roger.
 

Terry V. (30)
Saturday February 9, 2013, 5:12 pm
S&N THANK YOU!
 

Tim C. (1520)
Saturday February 9, 2013, 5:21 pm
thanks
 

JL A. (269)
Saturday February 9, 2013, 6:03 pm
You are welcome Terry and Tim!
You cannot currently send a star to Terry because you have done so within the last week.
 

Ellen G. (330)
Saturday February 9, 2013, 6:46 pm
Signed
 

JL A. (269)
Saturday February 9, 2013, 6:57 pm
You cannot currently send a star to Ellen because you have done so within the last week.
 

Aaron Bouchard (104)
Sunday February 10, 2013, 11:36 am
Signed and noted thanks
 

Esther Z. (101)
Sunday February 10, 2013, 1:00 pm
Noted and signed.
 

Birgit W. (135)
Sunday February 10, 2013, 1:18 pm
Signed. Thank you
 

Nelson Baker (0)
Sunday February 10, 2013, 1:37 pm
Signed
 

JL A. (269)
Sunday February 10, 2013, 1:57 pm
You cannot currently send a star to Esther because you have done so within the last week.
You cannot currently send a star to Birgit because you have done so within the last week.
You cannot currently send a star to Nelson because you have done so within the last week.
 

Lois Jordan (54)
Sunday February 10, 2013, 4:09 pm
Signed & noted. Much thanks, J.L.
 

JL A. (269)
Sunday February 10, 2013, 4:34 pm
You cannot currently send a star to Lois because you have done so within the last week.
 

Mary Donnelly (44)
Sunday February 10, 2013, 8:08 pm
Thanks J.L. A.--signed and sent.
 

JL A. (269)
Sunday February 10, 2013, 8:42 pm
You cannot currently send a star to Mary because you have done so within the last week.
 

Parvez Zuberi (7)
Sunday February 10, 2013, 10:04 pm
Signed and noted thanks
 

Susan Allen (208)
Sunday February 10, 2013, 11:32 pm
signed and shared
 

june t. (62)
Monday February 11, 2013, 12:50 am
funny - the powers that be want to regulate our access to info on the internet, but they themselves don't want to be regulated.
 

JL A. (269)
Monday February 11, 2013, 7:50 am
You cannot currently send a star to Susan because you have done so within the last week.
 

Cheriann P. (17)
Monday February 11, 2013, 3:00 pm
Noted and signed. L♡ve ☮ Peace.
 

JL A. (269)
Monday February 11, 2013, 4:31 pm
You cannot currently send a star to Cheriann because you have done so within the last week
 
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