Finally, the interviewee has some genuinely important things to say about his work in "product control", one of the functions in a bank tasked with monitoring traders and the risks they take.
April Brooks, a senior Federal Bureau of Investigation official who helped oversee the London Whale investigation, described the bank's process for monitoring traders like Iksil as "little more than a rubber stamp".
Its portfolio companies include Zynga, the online gaming company that created FarmVille on Facebook and has been valued at several billion dollars, and StockTwits, for monitoring traders on Twitter.
They monitored traders' vital signs like heart rate, body temperature and respiration as their subjects darted in and out of trades.
As for a CCP itself, however well intentioned it may be, it cannot monitor traders' complex derivative positions as well as they themselves can.
Gabriel Urwitz, chairman of the private equity firm Segulah and a former professor of financial economics, said the Swedish financial supervisory authority, Finansinspektionen, did not have enough regulators and the necessary regulation to monitor traders properly.
The NYSE, in a settlement with the Securities and Exchange Commission, agreed to improve its monitoring of traders.See articleThe trial began in Equitable Life's £3.75 billion ($7.1 billion) claim for damages against Ernst & Young, its former auditor, and 15 former directors.
But he approves of the team's approach of monitoring the traders at work because it captures the person making decisions in a habitual, true-to-life environment, rather than a contrived laboratory task.
In addition, Mr. Norwitz said, "we actively monitor excessive traders and have barred persons identified as excessive traders from further purchases of T. Rowe Price funds".
Cohen has announced that he will institute more robust compliance measures to prevent insider trading, and he has hired the Silicon Valley security company Palantir Technologies to monitor his traders.
In addition to "Ghosts," another commercial, entitled "Auction," shows the sale of the dismantled equipment of an old-fashioned, presumably defunct, stock exchange -- everything from computer monitors to traders' jackets to boxes of ticker tape.
