Edition:
United States

John McCrank

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Sep 12 2017

CME chief, eyeing Europe, says Dodd-Frank was best thing for markets

NEW YORK U.S. regulations enacted after the financial crisis will likely be revisited and watered down but not eliminated in their entirety, in part because they give much-needed clarity to market participants, the head of CME Group said on Tuesday.

Sep 12 2017

Bitcoin ETF idea still a little funky, experts say

(This September 8 story was refiled to include full name of law firm in paragraph 3, to Arnold & Porter Kaye Scholer from Arnold and Porter)

Sep 08 2017

ACT cancels some college entrance exams after test leak

ACT Inc, the maker of the United States' most popular college entrance exam, said on Thursday it has canceled the ACT exam scheduled for Saturday at some of its international test centers due to a breach of the test materials.

Sep 05 2017

SEC chief says cyber crime risks are substantial, systemic

NEW YORK Regulators must do more to help mom-and-pop investors better understand the potential risks posed by cyber crime and new technologies used to commit fraud, U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday.

Aug 19 2017

IEX plans to nab listings from rivals with cheaper, simpler fees

NEW YORK A year after disrupting the U.S. stock market with a new approach to handling trades, upstart stock exchange operator IEX Group is planning to nab listings from rivals by charging simpler, cheaper fees, Sara Furber, IEX's head of listings, said in a recent interview.

Aug 16 2017

DRW to buy RGM in latest deal among high-speed trading firms

NEW YORK Proprietary trading firm DRW Holdings on Wednesday said it agreed to buy RGM Advisors, in the latest example of consolidation among high-frequency trading (HFT) firms, which have struggled remain profitable amid rising costs and low market volatility.

Aug 15 2017

Massachusetts regulator probes brokerages over trading 'kickbacks'

BOSTON/NEW YORK Massachusetts' top securities regulator said on Tuesday that his office is examining whether brokerages route orders to stock exchanges that pay them additional fees regardless of whether investor clients are getting the best price.

Aug 14 2017

JPMorgan launches new algo-driven 'dark pool' for stocks

NEW YORK JPMorgan Chase & Co has begun trading on a new private stock trading venue, or "dark pool," that lets its clients use the bank's algorithms to buy or sell stocks at a benchmark price reached over a period of time.

Aug 11 2017

'Flash Boys' exchange IEX aims to price out predatory traders

NEW YORK IEX Group Inc plans to push what it views as predatory trading strategies out of the market by raising fees for firms that cash in on stale prices, the stock exchange operator said on Friday.

Aug 09 2017

SEC puts Chicago Stock Exchange's China deal on hold

NEW YORK The U.S. Securities and Exchange Commission on Wednesday put on hold a decision by its staff approving the sale of the Chicago Stock Exchange to a group led by China-based investors, giving the regulator more time to mull the politically sensitive deal.

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