This summer US regulators released a detailed list of reforms it believes will make markets function better and more efficiently.
The reforms by the Committee on Capital Markets Regulation is aimed at restoring public confidence in the Stock Market. The high level panel contains industry heavyweights ranging from Wall Street executives, hedge fund CEOs, individuals such as Kenneth Bentsen Jr., head of the Securities Industry and Financial Markets Association, and representatives of trading firms and investment banks.
The panel has high hopes of reform; but history has taught us that regardless of strong regulations, there are usually always ways to circumvent the rules if one tries hard enough.