Is regulatory arbitrage harmful to U.S. businesses?

Here's an interesting article about the effects of derivatives regulation.

http://openmarkets.cmegroup.com/features/moving-out-2/

"Trading the News"

Understanding Market Psychology: Anticipating the market’s reaction to a perceived change in the fundamentals

This week, I would like to impart upon my readers hard-learned lessons from “trading the news”. If you’ve ever been caught in a situation in which the market reacts differently to new information than you would have expected, and you do not understand why, you should probably read on...