You might not expect English common law, the US Bill of Rights, and Ben Franklin to be evoked in a discussion about algorithmic trading, but that's where CFTC commissioner J. Christopher Giancarlo's argument against Regulation AT ended up.
In a 2–1 vote—with Giancarlo voting no, and chairman Timothy Massad and commissioner Sharon Bowen voting in favor—the CFTC approved the "Supplemental Notice of Proposed Rulemaking—Regulation Automated Trading." The body will now publish the Supplemental Notic
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails