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                  • October 04, 2019

                    Finance Professor Analyzes Market Liquidity Event, Blames Clearing Mandates

                    University of Houston Finance Professor Craig Pirrong considered the underlying reasons for the volatility occurring in the U.S. overnight funding markets in mid-September.
                    bzwirb's picture
                    Commentary by Bob Zwirb
                  • June 18, 2019

                    Finance Professor Weighs in on Derivatives Market Concentration and Position Limits

                    University of Houston Finance Professor Craig Pirrong analyzed Commissioner Dan Berkovitz's support for Dodd-Frank reforms that "have in fact likely increased concentration" by increasing fixed regulatory costs for those operating in this sector.
                    bzwirb's picture
                    Commentary by Bob Zwirb
                  • December 31, 2018

                    Finance Professor Says New Technology Not to Blame for Market Volatility

                    University of Houston Finance Professor Craig Pirrong rejected current conjecture that recent market sell-offs are due to technology, such as automated, algorithmic or high-frequency trading.
                    bzwirb's picture
                    Commentary by Bob Zwirb
                  • December 07, 2018

                    Finance Professor Analyzes Court Ruling in CFTC Market Manipulation Case

                    University of Houston Finance Professor Craig Pirrong analyzed a recent court determination that a Chicago trader and his firm had neither manipulated nor attempted to manipulate the price of certain interest rate swaps.
                  • July 06, 2017

                    Streetwise Professor Criticizes Dodd-Frank Act

                    University of Houston Finance Professor Craig Pirrong detailed several "fundamental flaws" in the Dodd-Frank Act and its adverse effects on financial markets.
                    bzwirb's picture
                    Commentary by Bob Zwirb
                  • May 05, 2017

                    CFTC Chief Market Intelligence Officer Describes New Role, Wants to Infuse Policymaking with Better Market Analysis

                    In an interview with Risk Desk editor John Sodergreen, CFTC Chief Market Intelligence Officer Andy Busch described his new role and a new "more rigorous approach to policymaking."
                  • April 19, 2017

                    Streetwise Professor Urges Caution in Any Review of SEC Order Protection Rule

                    University of Houston Finance Professor Craig Pirrong applauded the SEC's new Special Study of the Securities Market and questioned whether the SEC Order Protection Rule is necessary to sustain a competitive equity trading marketplace.
                  • March 28, 2017

                    CFTC DMO Director Says Division to Focus on Market Intelligence, Not Enforcement

                    New CFTC Division of Market Oversight Director Amir Zaidi stated that the division would focus less on enforcement and more on market intelligence and policy reform.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • March 28, 2017

                    Streetwise Professor Criticizes Regulators for Failure to Grasp OTC Markets

                    University of Houston Finance Professor Craig Pirrong criticized regulators for concentrating on reforming the OTC derivatives market while ignoring the "myriad connections of this market to other parts of the financial market."
                    bzwirb's picture
                    Commentary by Bob Zwirb
                  • March 03, 2017

                    New Trucking Futures and Options Exchange to Launch

                    In an interview with Risk Desk editor John R. Sodergreen, former ICE eConfirm Chief Bruce Tupper and former CFTC attorney Peter Kavounas describe the launch of TransVix, a trucking futures and options exchange.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
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