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By Philip McBride Johnson |
January 1, 2012
Central depository for customer segregated funds could be the best solution to prevent another MF Global
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By Philip McBride Johnson |
December 15, 2011
Central depository for customer segregated funds could be the best solution to prevent another MF Global. Insurance program would not work.
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By Philip McBride Johnson |
October 25, 2011
Among the have-your-cake-and- eat-it-too suggestions following enactment of the Dodd-Frank Act is to form a new type of "clearinghouse" that allows traders to opt-out of ...
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By Philip McBride Johnson |
October 3, 2011
Those #!*+%¤ speculators.Blame it on the "speculators." Game of the week in Congress (only because Congress goes on holiday every other). A rational person (but ...
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By Philip McBride Johnson |
September 19, 2011
Here I am, sitting on the trading desk or in the back office of a major bank or brokerage. I hear about the Commodity Futures ...
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By Philip McBride Johnson |
September 15, 2011
The CFTC, which is facing snipers all around as it tries to do what our Congress (don't get me started) wants, has just issued new ...
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By Philip McBride Johnson |
September 7, 2011
I usually check my wallet when the word "reform" is used. But I have an idea that just might break the political logjam in the ...
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By Philip McBride Johnson |
August 23, 2011
Some clearinghouses want to "ring fence" each clearing member's deposits so that they cannot be touched if another clearing member defaults? And we profess to ...
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By Philip McBride Johnson |
August 11, 2011
We are bombarded daily by financial reports inferring a connection between market actions and external events. This happens "as" that occurs, or the markets rise/fall ...
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By Philip McBride Johnson |
July 25, 2011
The Commodity Futures Trading Commission has now adopted new rules - Regs. 180.1 and 180.2 - to implement the Dodd-Frank Act. They are intended to ...