It seems that we’re finally making some progress on making the financial markets function more safely.
After the “flash-crash” of 6 May, US equity market operators have agreed to bring in coordinated circuit-breakers to avoid a repeat of this extreme event. There is widespread agreement...
Washington, D.C., May 26, 2010 — The Securities and Exchange Commission today proposed a new rule that would require the self-regulatory organizations (SROs) to establish a consolidated audit trail system that would enable regulators to...
I was very interested in Tim Bass' response to my posting Regulation: Don’t Throw the Baby Out With the Bathwater. You can read...
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