Commentary

Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

Traders Poll

Amid changes in builder, do you think the CAT project will be completed by 2020?




Free Site Registration

June 30, 2001

No Taping, Please

By Editorial Staff

The Securities and Exchange Commission has ruled that broker dealers have no "compelling reasons" to be excused from the NASD Regulation's taping rule.

Commissioners held that there could be no exemption from a requirement to tape customer conversations with employees who had been formerly employed by firms that had been disciplined.

Exemption Asked

Whitehall Wellington Investments had wanted an exemption because of questions over whether the policy would clash with state laws requiring the consent of both parties.

The firm also held that the administrative resources required for following the policy would be burdensome.