Tag Archives: Carl Levin

Levin Statement on Proposed Foreign Exchange Swaps and Forwards Exemption

U.S. Sen. Carl Levin, D-Mich., chairman of the Permanent Subcommittee on Investigations, issued the following statement today regarding the U.S. Treasury Department’s proposal on regulation of foreign exchange swaps and forwards. In November, Levin urged Treasury Secretary Timothy Geithner not … Continue reading

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Senators Kaufman and Levin’s The New York Times Op-ed on Preventing the Next Flash Crash

“ONE year ago, the stock market took a brief and terrifying nose-dive. Almost a trillion dollars in wealth momentarily vanished. Shares in blue-chip companies were traded at absurdly low prices. High-frequency traders, who use computers to look for microscopic price differences … Continue reading

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