Regulation
Regulatory arbitrage
Glenn Stevens, chief executive at Gain Capital in New York, looks at how tightening restrictions around the globe are creating unwelcome possibilities for regulatory arbitrage in retail FX
An emerging winner
Paul Fyda , emerging markets specialist at Brown Brothers Harriman in New York, looks at the regulatory pressures facing participants in Brazil's foreign exchange market
Obama reform holds back on OTC derivatives
US Treasury white paper fails to provide new details on how central counterparty clearing in OTC markets would operate.