Wall Street Ethics, Derivatives Rules Loopholes, The Weirdness of PFGBest and More
There's no question this is an incredibly foundational rule for the industry. The clock has started ticking, and it's a clock with a very short fuse.
—Gabriel D. Rosenberg, a lawyer at Davis Polk, which represents some of the biggest names on Wall Street, after the CFTC approved rules for derivatives trading.
Source: New York Times