reporting lines vince i ' ve just had a chat with richard , who feels strongly that the natural synergies between , and independence of , research and structuring will be best served if i report to tani . i expressed my concerns that i want to keep a strong link with : 1 . accountability to the trader sense of urgency , and 2 . traders ' willingness to spend money where necessary . richard suggested that we have a strong " dotted line " of reporting in to him , and that he will be available to support these areas . we ' ll meet regularly to keep richard in the loop . i filled richard in on the fact that i wish to change the nature , not just the size , of the research group , which will involve significant changes in headcount and investment in hardware / software . i ' ve no doubt that my main concerns of accountability and budget support will be met whether i report to richard formally or informally . tani has indicated that she ' d be prepared to have research report to her if required . all the best , steve