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Some of you know that there has been a move afoot by the CFTC to
regulate all individuals, businesses, developers, newsletters,
subscribers, web sites and mailing list (including this one) that
discuss matters pertaining to trading and futures.
Well after many years of watching the wheels of justice grind ever so
slowly, the case was finally heard this week in federal court and a
decision will be presented in about two weeks.
It is hard to understand how the judge will rule on the case but from
looking at the how trial went we might be able to keep some of the
freedoms we currently enjoy, of which this list is one, without
requiring all those to post here to be registered as a CTA.
If we don't win, all the facts that were important to the case were
allowed into evidence in the trial and will be available for the
appeal.
The Institute for Justice represented us in this case and they have
put the case and trial log up on their web site for review. Their
address is: http://www.ij.org/cftc/
They worked for years on this and they didn't charge us. It is hard
not to feel good about them. They took ten of us under their wing
when we were floundering and helped us get the governments attention
and if we are lucky, will force the CFTC to stop.
I wonder how many people even knew this was going on?
Roger...
mailto:rdrines@xxxxxxxxxxx
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