Indian regulators plan panel to weigh derivatives risk, sources say

India’s top financial regulators will form a committee to assess stability risks emerging from a surge in derivatives markets and suggest policy changes if required, two sources familiar with the matter said. Options trading in India has soared in the last five years, fuelled mainly by retail investors. The notional value of index options traded … Read more

NASCAR Driver’s Bumper-Throwing Tantrum Earns Him Bumper-Seller Sponsorship

NASCAR driver and team owner Joey Gase hurled his own rear bumper at another driver during the ToyotaCare 250 at Richmond Raceway two weeks ago. Gase was taken out of the Xfinity Series race by Dawson Cram and he wanted to vent his frustration at Cram, so he ripped the damaged panel off his destroyed … Read more