s chief of asset management enforcement bruce karpati on post nine in just a moment.

bruce karpati joining us.ching tv, algorithms, high frequency trading, dark pools. i know these are policy issues in the sense that make them exist but your job is to enforce them. is this something that's front and center in terms of the enforcement decision? is the division trying to attack where these are being used incorrectly? >> well, carl, gary, happy to be here today. you know, dark pools, algorithms, those are policy matters. in enforcement, we're charged with investor protection. so when it comes to electronic trading, when there are issues, when there's rules violated we're going to pursue them. in the last year we've seen cases against axon rosenberg, these are all times where we're going to act. and further to that point we have a market abuse unit that is focused on these units in particular. >> would you say that this is, i mean obviously there's tremendous amount of areas that you're focused on. you say this is the top priority right now given what many people think is out there in terms of abu

bruce karpati, the head of the enforcement at the s.e.c. for the asset management division.ited for. we'll talk about what happened with knight, as well as some of those other issues, a lot of questions and we're going to get those answers. >> don't go too far. >>> meanwhile we hop over to the cme and check in with rick sandali, talking a little fed. >> you're current. we had some smart economists on today talking about tool boxes and the fed and keeping their powder dry. i was lucky. because somebody left the fed's tool box right here for me. and so we're going to see what's inside of it. oh wow, we have mario draghi's bazooka from this week, that worked out pretty well and you know, i don't know what this is -- chapter 1 of dodd-frank that affects the fed in a big way. the powder that the fed is keeping dry? i have that powder. and it is dry. the problem is -- is it's basically koolaid, that's the powder that we're keeping dry right there. let's talk about the fed's abilities, what are the fed's abilities that we really should worry about? i'll tell what you we should worr