Commentary

Jared Dillian
Traders Magazine Online News

Was it Worth It?

In this piece from 10th Man, author Jared Dillian discusses how the ETF revolution is less about ETFs and more about indexing; about how people have come to view stocks less as stocks and more as blobs of stocks.

Traders Poll

Would you feel better if the Chicago Stock Exchange were purchased by U.S. firm or consortium rather than a foreign one?

Yes

73%

No

4%

Doesn't matter to me

23%

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January 1, 2005

SEC Targets SROs For New Reforms

By Gregory Bresiger

Exchanges would have to maintain a separation between regulatory and market functions under proposed rules published by the Securities and Exchange Commission. Fines and fees would have to be devoted to regulatory purposes. The rules also mandate greater transparency. Exchanges would be required to post more information about their operations. Possibly, the most controversial part of the plan covers exchange ownership. [See Special Feature.]