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Comment for Proposed Rule 77 FR 41213

  • From: Robert H Nichols
    Organization(s):

    Comment No: 58515
    Date: 8/27/2012

    Comment Text:

    Complex derivatives and other unregulated financial instruments are at the heart of the financial meltdown of 2008 that threw our economy into a tailspin. We have seen that deregulation of banks and brokerage houses has left them open to illegal criminal manipulation. Wall street must be held to a higher standard or they will once again outsmart themselves and the regulators and send our economy back into decline.

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