Richard Blumenthal (/ˈbluːmənθɔːl/; born February 13, 1946) is an American attorney and politician currently serving as the senior United States Senator from Connecticut, a seat to which he was first elected in 2010. A member of the Democratic Party, he is ranked as one of the wealthiest members of the Senate, with a net worth of over $100 million. Previously, he served as Attorney General of Connecticut from 1991 to 2011.
Born in Brooklyn, New York, Blumenthal attended Riverdale Country School, a private school in the Bronx. He graduated from Harvard College, where he was editorial chairman of The Harvard Crimson. He studied for a year at Trinity College, Cambridge, in England before attending Yale Law School, where he was editor-in-chief of the Yale Law Journal. While at Yale, he was a classmate of Bill and Hillary Clinton. From 1970 to 1976, Blumenthal served in the United States Marine Corps Reserve, where he attained the rank of sergeant. Continue reading “Senator: Richard Blumenthal”
Susanne Trimbath to SEC on Proposed Amendments to Regulation SHO
STP Advisory Services, LLC, 29 August 2006
I am a Ph.D. economist doing research and consulting in finance and economics. I am formerly Director of Transfer Agent Services for Depository Trust Company in New York, and Operations Manager for Pacific Depository Trust Company and Pacific Securities Clearing Corporation in San Francisco. I also was Senior Advisor for KPMG on the USAID Capital Markets Project to design and implement trade clearing and settlement operations during privatization in Russia. Over the last three years I have been a paid advisor to companies, investors and law firms on the issues addressed by Regulation SHO. My comments will reflect my expertise in economic analysis of law and market efficiency, plus securities processing operations.
So who should be overseeing the $1.2 trillion hedge fund industry? Apparently no one is now. But the U.S. Senate Judiciary Committee has two ideas.
Either the nation needs new legislation to tackle allegations of widespread trading abuses by the hedge funds, or law enforcement officials should simply be encouraged to do the right thing with laws they already have at their disposal?