Commentary

Denver Currie
Traders Magazine Online News

Who Killed the Kernel?

In his latest blog post, Denver Currie, Product Manager at Vela, looks at how firms are achieving low latency and high throughput in a flexible, cost-effective manner by combining commodity hardware with kernel bypass techniques and an ever-evolving set of software features

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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.