Excerpt from Futures Trading Practices Act of 1989 S. 1729: Hearings Before the Committee on Agriculture, Nutrition, and Forestry, United States Senate, One Hundred First Congress, First Session on S. 1729, to Amend the Commodity Exchange Act to Reauthorize Such Act, and for Other Purposes (Futures Trading Practic Three, too much regulation in the name of integrity will bog down the markets and will dampen market liquidity. There's a rather likable old futures guy from New York who loves to say: ok, you want honest markets, do you? I'll tell you how to have honest markets. Shut' em all down. To put a reverse spin on this enlightened statement, this likable Old pro is saying: 'if you want active and liquid futures markets, they have to be crooked. Hogwash, or some other similar word. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.