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Commodities Briefing - Categorized | Commodities Exchanges, People, Regulatory

Nasdaq chief: U.S. can’t curb bank trading

Posted on 09 February 2010

From WSJ: The head of Nasdaq OMX Group Inc. cast doubt on the ability of U.S. regulators to carve out some bank-trading activities as part of a broad overhaul of the financial system.

Bob Greifeld, chief executive of the trans-Atlantic exchange operator, said it appears “impossible” to separate banks’ proprietary trading activities from customer and hedging positions………………………………….Full Article: Source

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