Commentary

Robert Schuessler
Traders Magazine Online News

A Smarter Monkey

In this contributed piece, TIM noted that some traders do better than others when using data that has been run through certain analysis - that is, have used some form of machine learning to assist them.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




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November 13, 2007

House Nixes Repealing Soft Dollars

By Peter Chapman

The House Committee on Financial Services will not take up the issue of repealing or revising Section 28(e) of the Securities Exchange Act of 1934 this year. Representative Paul Kanjorski, D-Pa., a member of the committee's capital markets subcommittee, told attendees at a recent industry conference that the issue of repealing soft dollars was not on the agenda, despite pleas from Securities and Exchange Commission chairman Chris Cox to the U.S. Congress to take the matter up. Kanjorski was speaking at the Securities Industry and Financial Markets annual institutional brokerage conference.