Waters USA 2010: Silverman Sparkles

Andrew Silverman, managing director and co-head of Morgan Stanley Electronic Trading (SET) in New York, kicked off this year's Waters USA conference, held at the New York Marriott Marquis on Times Square, with a slick presentation with a simple message: it's preferable for the industry to regulate itself rather than be reined in by the industry's various regulators.

Deputizing for his partner William Neuberger who was not able to make today's event, Silverman spoke at length about high-frequency

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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