MF Global’s Downfall Raises Question on Fed's Primary Dealer Pick
Corzine is a terrorist. A financial terrorist.
Waterboard him and maybe then he can remember.
Corzine: ‘I don’t know where the money is’
http://newyorkfed.org/markets/pridealers_current.html
Primary Dealers List
Primary dealers serve as trading counterparties of the New York Fed in its implementation of monetary policy. This role includes the obligations to: (i) participate consistently in open market operations to carry out U.S. monetary policy pursuant to the direction of the Federal Open Market Committee (FOMC); and (ii) provide the New York Fed’s trading desk with market information and analysis helpful in the formulation and implementation of monetary policy. Primary dealers are also required to participate in all auctions of U.S. government debt and to make reasonable markets for the New York Fed when it transacts on behalf of its foreign official account-holders.
Oct 31, 2011
MF Global has been deleted from the list of primary dealers, effective October 31, 2011.
Revised Primary Dealers List ››
Oct 4, 2011
BMO Capital Markets Corp. and Bank of Nova Scotia, New York Agency have been added to the list of primary dealers, effective October 4, 2011.
Revised Primary Dealers List ››
Feb 2, 2011
MF Global Inc. and SG Americas Securities, LLC have been added to the list of primary dealers, effective February 2, 2011.
Revised Primary Dealers List ››