Brad Katsuyama on Conflicts of Interest, Investor Loss of Confidence, and High Speed Trading in U.S. Stock Markets

Testimony Before the U.S. Senate Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs by Bradley Katsuyama, President and CEO, IEX Group, Inc.   EXCERPT   Committee Ask: Address conflicts of interest affecting brokers charged with seeking best execution of customer orders, including conflicts posed by …

Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS)

Hat tip to Yves Smith! Occupy the SEC’s Comment Letter Objects to Excuses for Watering Down Volcker Rule (#OWS) Posted: 13 Feb 2012 10:13 PM PST Yves here. No one should be surprised that Bloomberg is reporting today that Goldman is aggressively lobbying for a Volcker Rule waiver for its …