Monday, July 17, 2006

Regulators rush to keep up with mergers


Walter Lukken is a futures industry regulator. For four years the quietly spoken native of Indiana has toiled away at the Commodity Futures Trading Commission in Washington handling dry regulatory issues well out of the public eye. Until now.

Mr Lukken recently described a moment of inspiration after reading economist Thomas Friedman's best-selling book, The World Is Flat. In it, the author describes how technology has empowered people to compete with each other across national borders and time zones, thus "flattening" the world.

See full Article.