Rapidly Changing Securities Markets by Robert A. Schwartz John Aidan Byrne & Eileen Stempel
Author:Robert A. Schwartz, John Aidan Byrne & Eileen Stempel
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham
Bradley
Yes, Kansas City. And guess what happened back then and why Rich Lindsey, who spoke today at the conference, pursued his work at the Securities and Exchange Commission. As soon as a small exchange innovated, it took us as long as six years to get through the regulatory process at the SEC and the Commodity Futures Trading Commission. Once we had the contract approved, what happened next? All the barriers to competitors fell down. The Chicago Mercantile Exchange introduced the S&P 500 within weeks.
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