The Traderszone Network

Published in TZ Latest News 3 November, 2016 by The TZ Newswire Staff

"Internal Crossing" – The Unintended Consequence Of Dodd-Frank That Is Crushing Bond Liquidity And Transparency

A couple of weeks ago we wrote about the curious case of the 34-year old Goldman Sachs high-yield trader, Tom Malafronte, who has managed to make $100mm “trading” with Goldman clients so far in 2016 while somehow also complying with Dodd-Frank regulations that prevent proprietary trading.  Here is what we wrote:

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