The WikiLeak Next Time - BofA?
After the latest release of secret communications among US diplomats, Wikileaks founder Julian Assange announced that he will unveil documents belonging to a US bank.
Raided? I Want My Money
The Massachusetts state pension fund has $65.6m invested in two Connecticut hedge funds that were raided by the FBI.
Everyone Wants to Start An SEF
Debate rages over what is a swap execution facility, but even as regulators craft the rules, there are many contenders.
Testify - Now Donate Please
Advanced Trading visited a major financial services firm yesterday -- it was off-the-record so no names, titles or even hints about what they do. We spoke about the US dollar, forthcoming Dodd-Frank regulations and the pleasures of appearing before Congress. Our host had an interesting story.
Federal Prosecutors Are Gearing Up to Take on Prop Shops, HFTs
Shockwaves spread throughout the world of high finance following the FBI's raids of three hedge funds in connection with an insider trading investigation, but this merely looks to be the tip of the iceberg as regulators and watchdogs look to sniff out malfeasance on Wall Street.
Is the SEC’s ‘Naked’ Access Ban Anti-Small Business?
Although it was a necessary step, particularly in the aftermath of the May 6 "Flash Crash," there is growing chatter within the trading community that the new regulation is likely to hurt smaller high-frequency trading operations.
How Finance Reform Will Alter Swap Execution Facilities and Boost Transparency
The Commodity Futures Trading Commission is moving closer to issuing the preliminary rules defining swap execution facilities. This particular rulemaking will set the parameters for trading platforms for the over-the-counter derivative markets that will largely determine how transactions will be executed under the Dodd-Frank framework.
Republicans' Win Could Be Regulators' Loss
While the Republican's seizure of the U.S. House of Representatives in the midterm elections likely won't impact the implementation of Dodd-Frank, it could mean reduced budgets for the capital markets regulators.
Are There Too Many Exchanges?
The stock exchanges continue to roll out new equity trading platforms, arguing that competition drives innovation. But some traders, fearing increased fragmentation, are calling for a moratorium on new exchanges.
The SEC Agenda: Hurry Up And Wait
Throughout the financial crisis, the SEC has identified a host of equity market structure issues that are critical to ensuring safe and fair trading. But, already burdened by enacting the Dodd-Frank financial reform act, the regulator isn't likely to enact any new rules too quickly.
5 Trends Shaping the Buy-Side Trading Desk
Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
The Fed's Effect On The Job Market
In this MarketPlace Morning Report from NPR, Richard Dekaser, economist at the Parthenon Group, looks at how much impact the central bank can have when it comes to dragging us out of the economic crisis.
SEC Charges French Doctor in Insider Trading Case
The U.S. Securities and Exchange Commission charged a French doctor and researcher with insider trading for leaking negative details about a clinical trial for a Hepatitis C drug to a hedge fund portfolio manager.