Interview: SEC Commissioner Joseph Grundfest On Baskets And Circuit Breakers
THIS WEEK'S LEAD STORIES
TST
indulged in some hypothetical tinkering with Joseph Grundfest, one of five Securities and Exchange Commissioners. The interview explores the consequences of some of the current revisionist thinking on market structure and exchange management.TST
: Do you favor the creation of posts on the floor of the New York Stock Exchange where market baskets could be traded?GRUNDFEST: The markets need to look at better ways of trading portfolios as portfolios and one of the options that the Katzenbach
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