Charles "Chuck" Ellis Schumer

From MarketsWiki
(Redirected from Charles Schumer)
Jump to: navigation, search
FTSE Russell banner 2016.gif
Charles Schumer
CharlesSchumer.jpg
Occupation U.S. Senator

Charles “Chuck” Ellis Schumer is a U.S. Senator for New York. He also sits on the Committee on Banking, Housing, and Urban Affairs; the Judiciary Committee, where he is chairman of the Subcommittee on Immigration, Refugees, and Border Security; the Joint Economic Committee, where he is the vice chairman; and the Joint Committee on the Library.[1] He is the third highest-ranking Democrat in the Senate.[2]

Background

In July of 2009, Schumer wrote a letter to the Securities and Exchange Commission proposing to ban flash trades, noting an unfair advantage they created for hedge funds and Wall Street firms utilizing automated trading strategies.[3]

Education

References

  1. Biography. Senator Charles E. Schumer.
  2. Nasdaq: SEC Should Expand Focus Beyond Flash Orders. Securities Industry News.
  3. Protests over call to ban 'flash' trades. Financial Times.