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• Don't Regulate Futures Like Stocks by Howard S. Portnow

  ARTICLE SYNOPSIS ...Don't Regulate Futures Like Stocks by Howard S. Portnow Even as I write this, the U.S. Congress is considering ways in which the financial markets, and especially the futures market, may be ""reformed."" The main proposals being put forth are to unify the regulation of the stock and commodity markets under the authority of one regulatory body, to raise margin rates on the stock indices--a 50% margin is the amount most frequently mentioned--and to disconnect the stock and stock indices markets to prevent arbitrage. The reason for this desire to impose regulative and/or legislative changes on the...

AUTHOR: Howard S. PortnowDATE: AUG 1990