Commentary

Ronald Jordan
Traders Magazine Online News

Understanding Your Data is No Longer Optional

In this contributed article from Global Markets Advisory Group, the advisory discusses the importance of data and how organizations should augment existing skill sets and capabilities to add a data-focused perspective to their operating fabric.

Traders Poll

Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

Yes

74%

No

5%

The CFTC will push for regulation

21%

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August 31, 1998

Balancing the Budget With Bombings

By Jeffrey L. Winograd

The tragic bombings of the U.S. embassies in Kenya and Tanzania for a short time threatened Rep. Gerald Solomon's (R-N.Y.) carefully crafted plan to have his legislation scored by the Congressional Budget Office as revenue neutral.

As a result of the bombing tragedies, some $1 billion is expected to be appropriated this month to upgrade security at American diplomatic facilities around the globe.

If the money is derived from the customary source, the Senate and House Commerce, Justice, State and Judiciary Appropriations Committee the same trough that supplies the funds for the Securities and Exchange Commission budget offsets would be required. The chances for reducing 31(a) transaction and registration fees would then be dismal.

However, after a brief period of uncertainty, the Clinton administration announced it would request an emergency appropriation which falls outside congressional budget rules.