Trading places

30 Nov 2007

Yassine Brahim (picture below) has been promoted to CEO of GL Trade. Pierre Gatignol, GL Trade’s founder, will become executive president.Brahim, formely chief operating officer, will be responsible for strategic partnerships and acquisitions. Vincent Burzynski,...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.