Subscribe to our mailing list

* indicates required

 

 

 

 

BROWSE BY TOPIC

ABOUT FINANCIALISH

We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.

 

Stay Informed with the latest fanancialish news.

 

SUBSCRIBE FOR
NEWSLETTERS & ALERTS

FOLLOW US

Archive

Curbing a Market Player's Financial Futures Holdings

November 2, 2010

Small item in 11/2 edition of WSJournal:  'Flash Crash' Aftermath:  Regulators Wants Curbs on Financial Futures.  CFTC Commissioner Bart Chilton is the regulator, and he call for imposing trading curbs on financial futures such as the S&P's 500 E-mini, saying they could help prevent a repeat of the May 6 Flash Crash

Speaking at the University of Notre Dame, Mr. Chilton said the CFTC already has authority to impose limits on how many financial futures contracts any one market player can hold, although he didn't offer details on what kind of limits might be appropriate.  Until now, the agency and Chairman Gary Gensler have focused only on imposing limits on commodities of finite supply - e.g., crude oil.