Commentary

Traders Magazine Online News

Spoofing, Surveillance and Supervision

Jay Biondo, Product Manager - Surveillance at Trading Technologies, co-authored an article along with James Lundy and Nicholas Wendland, both of Drinker Biddle & Reath LLP, reviewing the CFTC's regulations and expanding efforts, 21st century surveillance and supervision, as well as strategic recommendations.

Traders Poll

Is the adoption of electronic trading in fixed income on par of that in the FX sector?




Free Site Registration

February 1, 2003

A Move on Market Structure

By Gregory Bresiger

Market structure reforms will be enacted later this year through a series of new SEC rules. That's according to Annette Nazareth, director of the SEC's Division of Market Regulation. Nazareth says that there is a compelling need to act on reforms as soon as possible. Securities industry groups, such as the Security Traders Association and the Securities Industry Association, have been pushing for regulatory action.

Several of their officials have warned that the SEC is ignoring the critical issue of marker structure. The STA has warned that, in a market crash, the liquidity of many mid-size companies could become questionable.