Dodd-Frank Repeal? Will Donald Trump Change the Face of the US FX Industry?
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Dodd-Frank Repeal? Will Donald Trump Change the Face of the US FX Industry?
Among Donald Trump’s many electoral promises was one which caught the attention of the forex and CFD industry.
The new President of the United States announced his intention to limit or completely eliminate the 2010 law known as the Dodd-Frank Wall Street Act, which drastically changed the image of one of the largest financial markets.
Although the House of Representatives voted in early June to ease the old legislation, it is still impossible for retail brokers to return to the US market, which currently consists of only four FX industry companies.
Finance Magnates takes a closer look at Donald Trump’s promise ... (read more)
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