October 7, 2010

Opposing View on Markets: SEC, CFTC Weighing Safeguards

By Mary L. Schapiro and Gary Gensler

The missions of the Securities and Exchange Commission and the Commodity Futures Trading Commission are to protect investors and ensure our derivatives and securities markets are as fair, transparent and efficient as possible. Both agencies have been engaged in a comprehensive review of the structures of our markets to determine how we can improve the way they work.

The events of May 6 underscore the importance of this effort. The extreme price fluctuations of that afternoon greatly affected everyone from individual investors to corporations that need to raise capital…

Read Full Article on USA Today.

Last Updated: October 7, 2010