Knight Errors Show Transparency Need, Levitt Says

Aug. 2, 2012

Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission and a Bloomberg LP board member, and Neil Barofsky, former special inspector for the U.S. Treasury's Troubled Asset Relief Program and a Bloomberg Television contributing editor, discuss transparency and regulation following yesterday's trading errors attributed to a software glitch at Knight Capital Group Inc. Levitt and Barofsky, speaking with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers," also comment on former Citigroup Inc. Chief Executive Officer Sandy Weill's call to split up the largest banks. (Source: Bloomberg)

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