Commentary

Tim Quast

The Age of Intermediation

Guest commentator Tim Quast argues that the Securities and Exchange Commission's recently formed Market Structure Advisory Committee highlights only hollow rhetorical politics and the need for obsessive-compulsive governmental intermediation.

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Board of Governors

Board of Governors



Front Row: Nick Karos, U.S. Bancorp Piper Jaffrey, Minneapolis; Lisa Utasi, Smith Barney Asset Mgmt.; Michael Bird, Merrill Lynch, both New York; Bill Yancey, Automated Trading Desk, Mt. Pleasant; James Duncan, Canaccord Capital , Toronto; John Giesea, STA President; Dean, Sharon Smith, Fordham University; both New York; Jan Pitman, Roger Engemann & Assoc., Pasadena; Michael Wolk, Foley & Lardner,

Washington D.C.; Back Row: Mary McDermott-Holland, Franklin Portfolio Associates, Boston; Bart Green, A.G. Edwards, St. Louis; Drew Milstein, Susquehanna International Group, Bala Cynwyd; Jim Toes, Merrill Lynch, New York; Jack Hughes, Janney Montgomery Scott, Philadelphia; Pete Driscoll, Northern Trust Company, Chicago; Walter Dolengo, STA, New York; John Barone, William Blair, Chicago; Mark Madoff, Bernard L. Madoff Investment Securities, New York.


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