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Five new members have joined the Comex governors’ committee: Bryan Durkin, Anthony George Gero, William Giannone, William Purpura and Joseph Raia.
The committee is the guiding body for gold, silver, copper and aluminium futures and options...
“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”
European consultants predict frantic lobbying during the Mifid review.