Author: John Bates

It was an honor to sit on the CFTC Technology Advisory Committee (TAC) last week. The CFTC is the US regulator for derivatives trading – which is a big area. The topic of the first meeting of the TAC was to understand Algorithmic and High Frequency Trading – and its impact on the market. The CFTC is...

Yesterday the CFTC, the regulator in charge of Futures and Options markets, announced a new Technology Advisory Committee (TAC), chaired by the very capable Commissioner Scott O’Malia. Read the complete...

The news that Steven Perkins, (former) oil futures broker in the London office of PVM Oil Futures, has been fined 72,000 pounds ($108,400) by the FSA and banned from working in the industry is no surprise,...

By now you’ve probably seen that a deal was reached this morning by the House and Senate on regulation. Some would say it waters down provisions from the tougher Senate bill, limiting rather than prohibiting banks to trade derivatives and invest in hedge funds. This articles describes it as banks...

Jerome Kerviel, the trader who allegedly lost Societe Generale nearly 5.0 million euros, went on trial in Paris on Tuesday, June 8th. The bank alleges that Kerviel took "massive fraudulent directional positions" in 2007 and 2008, which...

Washington, D.C., May 26, 2010 — The Securities and Exchange Commission today proposed a new rule that would require the self-regulatory organizations (SROs) to establish a consolidated audit trail system that would enable regulators to...

I was very interested in Tim Bass' response to my posting Regulation: Don’t Throw the Baby Out With the Bathwater. You can read...

I used to think Twitter was a waste of time. That was before I tried it. Actually it's been an incredibly powerful way of keeping on the pulse of business and current affairs, as well as keeping up with some key industry influencers. The 140 character...