How can a rogue trader and risky transactions survive risk management systems absolutely required by Dodd-Frank, existing law, compliance, regulation and accounting standards?

FORBES: UBS Goes Rogue: What Else Are Bankers Hiding In Their Drawers?

The CFTC said Wednesday that the New York firm, a securities broker, commodities trader and provider of risk-management services, failed to put in place adequate risk policies and controls in 2008 and early 2009, a period that included the depths of the financial crisis.

WSJ: FCStone fined $1.5 million in CFTC settlement

Disciplined risk management should be the hallmark of every active trader.

FORBES: Crapping Out Isn't Off The Table But I Still Like The Odds Of Being Long

Are you a day trader or swing trader, in front of the monitor 40 hours a week and maintaining a risk management discipline at all times?

FORBES: Market Timing and You, a PSA