Jay Biondo Director of Surveillance Products Design
Compliance must get ready for tougher Indian high-frequency trading rules
Neurensic
Neurensic's Jay Biondo weighs in on HFT and speed bumps at exchanges.   "Compliance and legal staff will have to stay abreast of emerging regulations and actively educate their employers about the shifting landscape to ensure that sufficient resources are dedicated to building a robust supervisory program. However, the introduction of 'speed bumps' may likely have little to no impact on the supervisory responsibilities of compliance and legal staff," said Jay Biondo, director of surveillance products design at Neurensic in
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Chicago based FCM and its officers fined: Supervision & Risk Issues
Jerry Leterman
CFTC Press Release PR7449-16 CFTC Orders Chicago-based Advantage Futures LLC, its CEO Joseph Guinan, and Former Chief Risk Officer William Steele Jointly to Pay a $1.5 Million Civil Monetary Penalty for Supervision, Risk Management Failures, and Making Inaccurate Statements in Required Filings with the CFTC Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Advantage Futures LLC (Advantage), a Chicago-based Futures Commission Merchant (FCM), for failing to diligently supervise
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