CBOE's Brodsky weighs in on transaction tax, market volatility

11/8/2011 | SmartBrief/SmartBlog on Finance

Chicago Board Options Exchange Chairman and CEO William J. Brodsky offered his clear and concise opinions on matters affecting market structure during a panel discussion at the SIFMA Annual Meeting. Brodsky sounded the alarm about the perils of a financial transaction tax, and commented on the causes of recent volatility in the markets. He also warned against confusing the May 6, 2010, flash crash with market volatility.

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