CUV - Technical Anslysis Discussion, page-20

I agree Silverchair. I think the regulators, big traders, and brokers are definitely a close knit circle. It is like that in the legal system too where the judges, defense lawyers and crown prosecutors all go out to lunch together after the trial. Regulatory agencies and brokerages operate like a revolving door.Even worse, from what I understand, large brokerages are basically tasked by the laissez-faire regulators with policing their own activity and the suspicious activity of their clients. JPM was recently fined by an ASIC panel more than 750k for allowing obviously 'suspicious' orders designed to manipulate the futures market. Sounds almost eerily familiar. Of course fines are always just a symbolic drop in the bucket.