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Is the House Trying to Encourage Criminal Activity?

…protecting market participants against fraud, manipulation, and abusive trading practices, and by ensuring the financial integrity of the clearing process. Through effective oversight, the CFTC enables the futures markets to…

QE-II MMMCLXXVI

…little as would QE-III). What if the interest elasticity of demand for 7 year Treasury notes is huge ? First we can’t tell this from looking at market prices —…

The Policy Debate vs The Policy Horse Race

…not predict that they would scrap the requirements for exchange trading and a clearing system. Important reforms vanished from the discussion, because their fate is no longer in doubt. Much…