Political scientist assesses impact of NYSE sale
Monday, December 24, 2012 - 05:00
in Mathematics & Economics
The announcement this week of the sale of the New York Stock Exhange to IntercontinentalExchange Inc. (ICE) for $8.2 billion reveals the continued ascendance of derivatives in contemporary finance, and may impact the NYSE's regulatory role as a self-regulatory organization., says John W. Cioffi, an associate professor of political science at the University of California, Riverside.