-
New CFTC trading rule is 'extreme overkill'
One would not expect Coca-Cola to divulge their secret recipe for the world-renowned soft drink…nor is it required by government. The same is true for other proprietary trade secrets and intellectual property. That, however, could all change by the end of the year if some at a little-known federal agency get their way. The U.S. Commodity Futures Trading Commission (CFTC)—where I previously served as a commissioner for seven years—is seeking to obtain such secret formulas known as "source code" from traders and trading venue operators (exchanges). Comments on the proposal for new automated trading rules, ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 22, 2016 3:07am Jun 22, 2016 3:07am
- sknight1
- | Joined Mar 2014 | Status: Member | 59 Comments
- Comment #2
- Quote
- Jun 22, 2016 3:08am Jun 22, 2016 3:08am
- Guest
- | IP XX.X.138.143
- Comment #3
- Quote
- Jun 22, 2016 3:43am Jun 22, 2016 3:43am
- Hurst
- | Commercial Member | Joined Aug 2014 | 1123 Comments
- Comment #4
- Quote
- Jun 22, 2016 4:07am Jun 22, 2016 4:07am
- sknight1
- | Joined Mar 2014 | Status: Member | 59 Comments
- Comment #5
- Quote
- Jun 22, 2016 4:10am Jun 22, 2016 4:10am
- Newstart08
- | Joined Sep 2008 | Status: Member | 255 Comments
- Comment #6
- Quote
- Jun 22, 2016 4:32am Jun 22, 2016 4:32am
- sknight1
- | Joined Mar 2014 | Status: Member | 59 Comments
- Comment #7
- Quote
- Jun 22, 2016 8:04am Jun 22, 2016 8:04am
- kenleander
- | Joined Aug 2010 | Status: Member | 707 Comments
- Comment #8
- Quote
- Jun 22, 2016 9:09am Jun 22, 2016 9:09am
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments