Craig Pirrong is professor of finance at the University of Houston. He is author of “The Thirty Year War,” an article on RegNMS that is forthcoming in the Cato Institute’s Regulation magazine.

More from Craig Pirrong


Cox in the Crucible June 3, 2005.

Cato Studies

The Inefficiency of Clearing Mandates

Policy Analysis No. 665. July 21, 2010.

Cato Reviews & Journals


Clearinghouses and Icky Assets

October 20, 2008