TST Interview: Molly Bayley On Future Of Automated Trading

THIS WEEK'S LEAD STORIES

Molly Bayley spent 18 years with the National Association of Securities Dealers (NASD) and five years with the Commodity Futures Trading Commission. She recently resigned as executive director of the CFTC to start a consulting firm specializing in 24-hour trading. Below, she shares her thoughts on this issue with TST readers.

TST

: What does an executive director of the CFTC do?

MB: There are five senior positions at the CFTC. The executive director really is the top manager. I oversaw the

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