In Financial News today: http://www.efinancialnews.com/story/2011-09-26/online-vendors-opportunity-crisis?ref=email_35864
As well as a good overview on the advancement of derivatives trading, this is an interesting summary focusing on the increasingly influencial role online vendors have when it comes to the implementation of upcoming regulation. Even more interesting are the comments surrounding the fact that larger vendors are even acting as unofficial regulation consultants due to regulator’s lack of resource.
I thought this was an interesting point!
The online platforms say they believe (and hope) that their biggest influence in the framing of regulation has been to inculcate a greater spirit of flexibility and less prescriptiveness than might otherwise have been the case. If so, they will have done not only themselves (which, after all, has been the chief point of the exercise) but the industry as a whole a great favour.
Filed under: Regulation, Technology Trends |
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