From the CME website today:
"One of the farm leaders there said today that farmers will act in some unspecified way to limit trade in agricultural commodities to what is strictly necessary."
All traders should care because the same rules that will be imposed on grain traders and funds will almost certainly be imposed on traders in all futures, including treasuries, stocks, energies (crude oil), precious metals, etc. There is a provision in our government system of fairness called equal treatment under the law. This concept is a sword that cuts both ways. It both protects everyone, but it also brings an equal burden on everyone. If they can shut you out of the agricultural commodities markets, then it is a start down the slippery slope of shutting you out of other futures markets as well. Are you willing to run that risk?
Furthermore, you might also mention to Congress that if they shut down the futures markets here in America, you may be forced to send your money overseas to other futures markets in other countries like Europe, China, Singapore, India, etc. All these countries also have active futures markets. This would make the United States less competitive with these other countries! That would not be beneficial for the health and vitality of the financial markets of the United States, would it? It would make the financial markets of this country less liquid, less open, and thus, less competitive. It would also very likely reduce your tax payments to the U.S. government if your income is derived more and more from overseas! In a time of greater global competition than ever before, and a stagnant economy with fewer jobs, that's the last thing the U.S. economy needs, isn't it?
It's time to write to Congress! Protect your livelihood, your investment options, and your freedom today!