Waters – All Hail Innovation: Defending high-frequency trading

It used to be the market-makers and specialists who took the brunt of broker complaints that prices were fixed and the market was inefficient. Now,…

NPR – Obama Plan to Rein in Credit Default Swaps

Mr. MCPARTLAND: Reporting requirements will provide a lot more transparency to regulators as to who is doing what and who holds what positions. KESTENBAUM: Would…