Commentary

Steve Grob
Traders Magazine Online News

The Periodic Table

Fidessa's Steve Grob has written a response to Marcus Ferber writing to ESMA condemning periodic auctions. The blog strongly criticizes Ferber's approach, and looks at the problems behind the "lit is good and dark is bad" attitude.

Traders Poll

Do you think that NY AG Schneiderman's probe into crypto exchanges will curtail growth and trading?



Free Site Registration

April 30, 2001

Another LTCM Fiasco?

By Gregory Bresiger

The trade group representing the hedge fund industry wants its members to have the ability to advertise. The Managed Futures Association (MFA) says it is going to ask the Securities and Exchange Commission to waive its 80-year rule barring ads of the risky funds. MFA wants the right to use tombstones in print publications.

The Investment Company Institute will oppose the proposed change, arguing that hedge funds are "risky pools." The group will also argue that advertising would facilitate another Long Term Capital Management disaster. ART-