Just as quickly as it was approved by the House, the movie futures trading industry was killed by the Senate:

The Senate on Thursday overwhelmingly passed far-reaching financial reform legislation that included a ban on movie futures trading.

Passing with a 60-39 vote, the bill now goes to President Obama for signing.

The president, who has viewed the reform legislation one of the signature accomplishments of his administatration, is expected to sign the bill next week, if not sooner.

«via The Wrap»