Michael R. McLeod Releases a Non-Fiction Book


(Washington, D.C.) The U.S. Commodity Futures Trading Commission (C.F.T.C.), has existed since April 15th, 1975.  However, and in the United States of America the futures contracts for agricultural commodities have been regulated by the U.S. Federal Government since the 1920s.  More specifically; regulation occurred as a result of the Grain Futures Act of 1922, and, the Commodity Exchange Act of 1936.  The decade of the 1970s, saw the trading of futures contracts, expand rapidly.  In fact; it is believed that the previously said expanded beyond traditional physical commodities, and, agricultural commodities.  The expansion, as it is documented is into a wide field of financial instruments.  Foreign currencies, U.S. Government securities, foreign securities, U.S. stock indices and foreign stock indices are also part; of the previously stated.  Recently, Michael R. McLeod announced that, he drafted the Commodity Futures Trading Commission Act of 1974.  Specifically, the aforementioned author revealed that, he has released a non-fiction book.  The non-fiction book is entitled, The Worst Financial Scandals of the Last Twenty Years:  From Madoff to the Cover Up of the Optionsellers/INTL FCStone Scandal.  In; The Worst Financial Scandals of the Last Twenty Years:  From Madoff to the Cover Up of the Optionsellers/INTL FCStone Scandal, Mr. Michael McLeod expresses his disappointment in the Commodity Futures Trading Commission (C.F.T.C.).
            The expressed disappointment in the C.F.T.C., according to Mr. Michael McLeod, is backed up by letters.  Technically letters from the Victim Specialist, the F.B.I. and the D.O.J. are what backs up; the expressed disappointment.  This non-fiction book, is made possible by the following book publishing company.  Officially, the book publishing company is independently published.  In other words, it is a self published book.  However and returning to; the U.S. Commodity Futures Trading Commission (C.F.T.C.), the aforementioned independent U.S. government agency, regulates what is now called the U.S. derivatives markets.  The U.S. derivatives markets include futures contracts, swaps and specific types of options.  As part of its mission statement; the C.F.T.C. promotes the integrity, the resilience and the vibrancy of the U.S. derivatives markets.  The latter, is accomplished through government regulation.  Therefore, the C.F.T.C. prohibits fraudulent conduct in the trading of futures contracts, swaps and other types of derivatives.  Aiding this effort are two pieces of legislation.  The first is, the Commodity Futures Modernization Act of 2000.  The second is, the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010).
            Returning to; Michael R. McLeod’s non-fiction book, the aforementioned literary work talks about huge losses, in the U.S.A.’s derivatives markets.  In; The Worst Financial Scandals of the Last Twenty Years:  From Madoff to the Cover Up of the Optionsellers/INTL FCStone Scandal, Michael R. McLeod talks about November 2018.  Specifically, he talks about huge losses, which occurred during the second week of November, of the year 2018.  Second, Mr. Michael McLeod moves on to the year, 2013.  In the year 2013, INTL FCStone was fined, $1.5 million USD by the C.F.T.C.  Additionally, the aforementioned derivatives clearing firm, was forced to absorb an estimated $127 million USD in losses.  Third, Mr. Michael McLeod moves on to talking about the bankruptcy of Optionsellers.com.  Interestingly, even Mr. Michael McLeod reports that, he lost a lot money in this bankruptcy.  Additionally, he also calls the people who lost money; innocent investors.  As previously said, Michael R. McLeod wishes to express his disappointment, in the Commodity Futures Trading Commission (C.F.T.C.).  He also calls for action from the U.S. House Agriculture Committee, and, the U.S. Senate Agriculture Committee.  Everything can be read in; The Worst Financial Scandals of the Last Twenty Years:  From Madoff to the Cover Up of the Optionsellers/INTL FCStone Scandal.
            To end, Michael R. McLeod did release a press statement.  Through a press statement, Mr. Michael McLeod said the following.  “The only Federal agency that has expressed any interest in trying to help me is the FBI, Department of Justice.  I received a letter from the Victim Specialist stating that she understood I was a victim of a financial crime.  A copy is included in my new book.”  As previously stated, Michael R. McLeod recently announced that, he drafted the Commodity Futures Trading Commission Act of 1974.  Specifically, the aforementioned author revealed that, he has released a non-fiction book.  The non-fiction book is entitled, The Worst Financial Scandals of the Last Twenty Years:  From Madoff to the Cover Up of the Optionsellers/INTL FCStone Scandal.  In; The Worst Financial Scandals of the Last Twenty Years:  From Madoff to the Cover Up of the Optionsellers/INTL FCStone Scandal, Mr. Michael McLeod expresses his disappointment in the Commodity Futures Trading Commission (C.F.T.C.).  Lastly, the book publishing company is independently published.  In other words, it is a self published book. 

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Written from Press Release
Registered Writer with
PR Newswire Association, LLC
R-Berumen28
03/06/2020



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