Seems like Pirrong was intellectually honest :) I looked up some links on his study: http://www.bloomberg.com/news/2013-05-15/commodity-trader- http://www.blo

Seems like Pirrong was intellectually honest :) I looked up some links on his study: http://www.bloomberg.com/news/2013-05-15/commodity-trader- http://www.bloomberg.com/news/2013-05-15/commodity-trader- failure-seen-as-limited-economic-risk-in-study.html http://www.cato.org/publications/policy-analysis/inefficiency-clearing-mandates http://www.cato.org/publications/policy-analysis/inefficienc...