Foreword

The financial markets touch all of our lives. If you didn't believe that in years past, you surely do now after the tumultuous events of the late 2000s.

The workings and integrity of those markets are vital to our increasingly global and interconnected economies.

If you've chosen a career that involves working in the securities industry, you have a front-row seat in a dynamic and sometimes unpredictable field. George (Tres) Arnett and I met many years ago at Yale University where we both studied economics. And we have both spent our careers connected to the financial services industry. The Tres I remember from those days was intelligent, articulate, interesting, purposeful, and ethical. This book is a reflection of those values and attributes.

Tres's new book can help you to learn the rich history of the global securities markets, how those markets work, and important legal concepts. In short, Tres's book will make you more competent in your field and better informed. And, it should make you a better investor!

ERIC TYSON Syndicated Columnist Best-Selling Author, Investing for Dummies and Personal Finance for Dummies (John Wiley & Sons) www.erictyson.com February 1, 2011

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