Posts tagged Gary Gensler

Bridges to Brooklyn, and Swamp Land in Florida

Do you believe the stories about the origin of the Flash Crash?  If you do, I have a bridge in NYC and some slightly damp land to sell you.  Yesterday, one person was fingered for the Flash Crash that occurred …






Academic Study on HFT Comes To Interesting Conclusions

Some may not like the conclusions from this study, but I tend to agree with them.  Electronic trading has fundamentally changed the way markets work.  Personally, I don’t have a problem with electronic trading.  In fact, done correctly it’s better …






Gary Gensler of the CFTC: Thinks He Should Be King

Regulators should be like the best referees at a sporting event.  They are there to make sure that things are played by the rules, but they shouldn’t be noticed them during the game.  They should also make sure that they …






Interesting and Thoughtful Response On Oversight and Regulation

Recently, Crain’s Chicago ran a series of stories on the futures industry.  I was quoted in one of the stories suggesting the Federal government has fallen down on the job when it comes to regulating what’s important in the industry. …






Banks, Clearing and Over the Counter Derivatives

There is a lot of pressure on banks to end their monopoly over over the counter derivatives.  The New York Times ran a piece today.  It was sort of soft, and really didn’t get into the nuts and bolts of …