In Defense of Financial Speculators
By Kristina Zurla Landgraf • Feb 25th, 2010 • Category: Trader ViewpointsSpeculators have been easy scapegoats when markets are in distress or bubbles develop. Financier George Soros, Washington Democratic Sen. Maria Cantwell and others are pressing for limits on speculative trading and a potential ban on speculation in credit default swap (CDS) markets. On February 23, the SEC voted to restrict short sales in a company’s [...]
