January 27, 2011

“Danger, Will Robinson: Advanced Analytics and Regulation of Markets”

CFTC Speeches

CFTC Commissioner Brad Chilton, in remarks delivered at the Institutional Investor TraderForum calls for regulators to consider whether there should be limits on advanced analytic trading and imposition of legal responsibility on high frequency and algo robot trading that roils markets and causes concerns and obstacles for traditional traders. "I think those who instigate runaway high frequency or algo robot trades should be held accountable when they hurt other market participants or injure consumers."

Chilton also advocates imposing "reasonable fees" upon the industry if the CFTC does not receive "the needed funding this year" to effectively regulate under Dodd-Frank.

Date

January 26, 2011

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