Skip to main content


August 6, 2012

MarketWatch: Schapiro: SEC probing Knight Capital problems

” Dennis Kelleher, CEO of advocacy group Better Markets in Washington, said that the failure at Knight Capital is another example of technology-oriented problems — including the flash-crash and troubles with the initial public offering of Facebook Inc. —all of which scream for more regulatory actions by the SEC.

“It’s an inexplicable abdication of responsibility,” said Kelleher. “It shows that we have become so dependent on technology and we appear to be pretty utterly unprepared to deal with technology problems.”

Kelleher said he was disappointed with delays in setting up a system to give exchanges and the SEC more information about high-speed trading and high-frequency trading. “

Read Ron Orol’s full Marketwatch story here

In the News


For media inquiries, please contact us at or 202-618-6433.

Contact Us

For media inquiries, please contact or 202-618-6433.

To sign up for our email newsletter, please visit this page.

This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact or 202-618-6433.


Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today