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April 23, 2015

Opinion: The ‘flash crash’ guy is not the problem

If you think investors’ shattered confidence in the markets is about a single trader who may have ignited the 2010 “flash crash” by “spoofing,” you may be Wall Street’s perfect customer.
And no, that’s not something to be proud of.
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Poll after poll shows market trust in the dumps. Last summer, Better Markets found that 64% of voters don’t trust the markets and 60% support more regulation. A poll by CNBC in March 2014 found 75% of respondents felt the market was “rigged.”
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Read the full MarketWatch article by David Weidner here.
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