Francesc Riverola,
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Top 50 brokers of 2009
By Futures Magazine
One year ago, as we were preparing for this story, the financial world was turned on its head and no one was sure how it would all end up except for the realization that a new world with a heavier regulatory burden would emerge.
While much has happened in a year, including a market crash and unprecedented recovery, there is still a lot of mystery as to how this all will end up. The new administration is working on rebuilding the entire U.S. regulatory foundation with an early focus on the over-the-counter (OTC) swap arena, which caused so much chaos. Futures industry leaders are all for it, though some worry that there has been a greater focus on the one regulators structure, for futures, that managed to weather the storm without holding a tin cup up to Washington.
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