Banks to Thwart CFTC Rule on Open Swap Trades, Oliver Wyman Says

Banks to Thwart CFTC Rule on Open Swap Trades, Oliver Wyman Says
A Commodity Futures Trading Commission plan to ensure open access to swap-trading systems will be thwarted by banks, who want to exclude customers and trade only among themselves in a part of the market, according to consulting firm Oliver Wyman.
Read more on BusinessWeek

“Flash crash” panel calls for market overhaul
Regulators should stem the growing tide of anonymous stock-trading and consider imposing fees on high-frequency traders, said a panel of experts advising how to avoid another “flash crash.”
Read more on Reuters via Yahoo! News