Open Platform - Prepare for Even More Scrutiny

As the Attorney General, the SEC and other regulators join forces to oversee the bond market, we may need to police ourselves.

The fixed-income industry is in the middle of a transformation that began as early as 1997, and for the most part, has succeeded in migrating much of the previous order flow from traditional phone-based methods to more efficient technology-based Alternative Trading Systems (ATS). It’s been an exciting time for our industry. In many ways it’s not only surprising that these changes would be embraced, but also that they are now ushering in new possibilities.

One of those possibilities will come

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