Presenting to the CFTC on Swaps Liquidity Fragmentation (and Aggregation)

On Tuesday, December 13th I presented to the CFTC Technology Advisory Committee. Chairman Gensler and Commissioners O’Malia and Wetjan were all there. Each panelist, myself…

Pssst, looking to trade a swap without margin? (Reuters)

Another article looking at the new proposed margin rules from the FDIC and CFTC.  The debate here is if end-users, say Exxon, could start marketing…

My opening remarks at the CFTC SEF Showcase – March 31, 2011

First, I’d like to thank Commissioner O’Malia and his staff for inviting us here today for what is shaping up to be a very informative…

SEF-a-Palooza: Commenting on the Comments

Also posted at TabbFORUM.com Washington and Wall Street get to tick off another box on their march toward creation of Swap Execution Facilities (SEF). Dodd-Frank…

Flash crash may push through US trade-at rule (The Trade)

More on the SEC-CFTC flash crash recommendations.  In short, they’ll force platforms that do not publicly display price quotes to execute orders better than the…

Flash Crash Panel: Market Remains 'Fragile' (TheStreet.com)

The CFTC and the SEC somehow found time in the midst of writing derivatives reform regulation to make recommendations on how to prevent another flash…