Obama Signs Financial Reform -- Including Movie Futures Trading Ban | The Wrap Movies

Obama Signs Financial Reform -- Including Movie Futures Trading Ban | The Wrap Movies

Most people didn't see this. But movie futures cannot be traded. You can't bet on whether a movie will do good or bad at the box office. Can you imagine Cramer types floating rumors about films that were untrue? Hedge funds could have destroyed the industry.

Movies join onions as the only items not permitted to trade on futures markets. Now if we can add foodstuffs and oil America may one day recover.

This article is old, 2010, but got virtually no press at all. There was a little more press when the Senate passed the original bill, signed by Obama later. 

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