I was just wondering what your guys' take is on the Dodd Frank law and what you think the volcker rule will do for us small traders? http://en.wikipedia.org/wiki/Volcker_Rule
its mainly for the big dawg firms, it will not change/alter retail accounts and a retail account will still stand at $25k with same margin rules. in the prop section there are is always talk the industry will go to 80% pay out rule, but I do not see that happening anytime soon. the LLC prop shop business model is peanuts in the grand scheme of things, it is at the very bottom of the list in terms of what needs to corrected/changed and I do not see regulators ever getting to the 80% model or really ever caring about it.