Grope cobordism of classical knots
  We explain the notion of a grope cobordism between two knots in a 3-manifold. Each grope cobordism has a type that can be described by a rooted unitrivalent tree. By filtering these trees in different ways, we show how the Goussarov-Habiro approach to finite type invariants of knots is closely related to our notion of grope cobordism. Thus our results can be viewed as a geometric interpretation of finite type invariants.   An interesting refinement we study are knots modulo symmetric grope cobordism in 3-space. On one hand this theory maps onto the usual Vassiliev theory and on the other hand it maps onto the Cochran-Orr-Teichner filtration of the knot concordance group, via symmetric grope cobordism in 4-space. In particular, the graded theory contains information on finite type invariants (with degree h terms mapping to Vassiliev degree 2^h), Blanchfield forms or S-equivalence at h=2, Casson-Gordon invariants at h=3, and for h=4 one has the new von Neumann signatures of a knot. 
Jim Conant, Peter Teichner