Monthly Archives: November 2011

Reuters Publishes Article Entitled: Insight:Funds battle banks over $300 trillion derivatives market

Although Reuters is a bit late to the party (see my post from all the way back in August), I am nevertheless glad to see them reporting on what I think is one of the greatest abuses of regulatory authority … Continue reading

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Typical CFTC…racing to adopt a rule in response to a problem before the nature and causes of the problem are fully identified

Gensler and Chilton say it’s now more urgent than ever, in light of MF Global, to adopt rules restricting how FCM’s can invest customer assets.  http://online.wsj.com/article/SB10001424052970203611404577041891807629920.html?mod=WSJ_hp_LEFTWhatsNewsCollection  That would be logical if there was evidence that the missing segregated funds are attributable … Continue reading

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Every cloud has a silver lining . . . celebrating the collapse of MF Global . . .

Don’t get me wrong, I wish no man or woman misfortune or heartbreak and the fall of MF Global is certain to result in vast amounts of both.  Indeed, my heart goes out to the employees who will be forced … Continue reading

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