The biggest risk to equity markets and the economy in 2014 is dysfunction in Washington, following the strongest year in American stocks in a decade, according to CBOE Holdings Inc.’s William Brodsky and Ariel Investments LLC’s Mellody Hobson.
William Brodsky will step down as chief executive officer of CBOE Holdings Inc. in May, ending his 16-year tenure running the biggest operator of U.S. options markets. He will become executive chairman of the board.
CBOE Holdings Inc. Chief Executive Officer William Brodsky said regulators shouldn’t apply rules that operate in the stock market to options exchanges because they would have a different effect in that environment.
David Slaine had a secret for the FBI that summer day, one of scores he would eventually reveal in his role as a dream informant. The subject was Teterboro Airport. Slaine claimed a money manager he knew was using it to profit quietly on trades of health-care stocks.