In this video from MarketsWiki Education’s Intern Recruiting Event in Chicago, Jim Hourihane, compliance manager for the National Futures Association, breaks down how the NFA works and what kind of opportunities present themselves in compliance. With mountains of data in the financial sector, one of the goals of the NFA is to make sure that market and member data is safe and secure. Hourihane says the NFA’s new challenge is going international and making sure they can work within the structure of other countries’ regulations.
“You can’t tell Derrick Rose or LeBron James he’s not allowed to fake out an opponent.”
Ben Van Vliet, Assistant Professor and Associate Director at the Illinois Institute of Technology, discusses the nature of competition in the financial industry and the impact of deception in the markets.