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September 21, 2012

Market Watch: SEC urged to slow down high-speed trading

 

Witnesses at a Senate hearing on Thursday said securities regulators should consider taking steps to slow down high-speed traders in an effort to cut manipulation and stabilize the markets after a series of recent technological snafus that have hurt investor confidence.

The hearing comes after NYSE Euronext(US:NYX) was fined by the Securities and Exchange Commission last week over allegations that it gave market data to some clients faster than others.

Read Ronald Orol’s full article here

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