Latest news by Michael Volpe
Coronavirus has put a Unique Shock Onto Financial Markets
[caption id="attachment_366223" align="alignleft" width="300"] Coronavirus shock financial markets[/caption] Coronavirus has put a unique shock onto financial markets, but they were on solid footing to manage the shock. Randy Quarles is the Vice-Chair for Supervision at…
Report Finds Technology Will Enhance Finance Jobs
Technology has enhanced most American careers in finance, according to a new paper. According to a new report entitled “The Future of Trading: the People” produced by Refinitiv in conjunction with Greenwich Associates, only “4%…
Coronavirus Significantly Upended the Agenda for the Global Organization of Securities Regulators
[caption id="attachment_367414" align="alignleft" width="300"] International Organization of Securities Commissions[/caption] Paul Andrews is the Secretary-General of the International Organization of Securities Commissions (IOSCO). He was the latest guest on the Futures Industry Association (FIA) podcast, FIA…
Markets Adjust to Coronavirus Volatility
While coronavirus has caused unprecedented volatility, the markets have stabilized some. Tom Bira is FINRA’s Executive Vice President of Market Regulation and Transparency Services and he was the latest guest on FINRA’s podcast, Unscripted. On…
Bitcoin Halving Approaching
May 13 will be an important day for Bitcoin. That’s when it will be “halved”. Halving refers to the reduction in the amount of Bitcoin paid out for miners. The website Medium explains further. “This…
European Region Markets Have Weathered Coronavirus Better Than the World
European markets have done much better weathering the coronavirus storm than their global competitors, according to a new report. IHS Markit put together a report entitled “The Investor Base in the EBRD Region” for the…
New Bitcoin Futures Exchange Approved
A new exchange to trade Bitcoin derivatives has been approved by the Commodities Futures Trading Commission (CFTC). The CFTC made the announcement approving Bitnomial in a press release. “The Commodity Futures Trading Commission today announced…
FINRA Recently Featured the Senior Helpline on its Podcast, Unscripted
A securities helpline for seniors recently celebrated its fifth-year anniversary. FINRA, the Financial Industry Regulatory Authority, recently featured the senior helpline on its podcast, Unscripted. The guests on the podcast were Senior Helpline’s managers Brooke…
New Airline Ticket Derivatives Being Developed
Coronavirus has led to the creation of a new derivative product: airline tickets. While the virus has wreaked havoc on air travel, airline ticket derivatives hopes to give airlines some hedging. The Futures Industry Association…
FINRA Examines Progress on Regulation BI
FINRA, the Financial Industry Regulatory Authority, published a report on industry preparedness for Regulation BI (Best Interest). Regulation BI was adopted by the Securities and Exchange Commission (SEC) in June 2019. “Reg BI establishes…









