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By Philip McBride Johnson |
November 29, 2012
They call it a "civil monetary penalty" or a "fine," but those terms seem hollow when a financial firm itself is whacked for millions of dollars by regulators ... Who does this hurt? Management does not pay
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By Philip McBride Johnson |
October 26, 2012
The ultimate fall-out from MF Global is yet to be seen. Maybe it will fade into a distant memory, an aberration that rarely occurs. Or, it could loom large.
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By Philip McBride Johnson |
October 3, 2012
The recent decision by a U.S. District Court to remand back to the CFTC its new rules on speculative position limits, has triggered a fresh debate over whether speculators should be restricted
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By Philip McBride Johnson |
September 19, 2012
Former CFTC chairman recalls milestones of nascent futures industry.
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By Philip McBride Johnson |
September 6, 2012
We are familiar with the tragedy of trees crushing people during severe storms. But can processed pulp (paper) do the same to a pending proposal at the CFTC?
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By Philip McBride Johnson |
August 30, 2012
About $1,650 per ounce. Not an all-time high but quite a change from $35 when I was a child. What is responsible for gold's grand ascendancy?
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By Philip McBride Johnson |
August 10, 2012
As if we were not blessed enough already, the Dodd-Frank Act has given us some new acronyms
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By Philip McBride Johnson |
July 6, 2012
The Commodity Futures Trading Commission’s spectacular settlement with Barclays Bank over alleged LIBOR tampering speaks volumes for why regulation exists in the financial sector.
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By Philip McBride Johnson |
May 17, 2012
The frequency with which pundits have asserted that "hedging" and "speculating" or "betting" are hard to distinguish is nauseating. Adoption of the "Volcker rule" has been delayed by this canard.
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By Philip McBride Johnson |
April 3, 2012
Name the multi-billion dollar industry that has been barred from managing its considerable risks.