“Today is the 5th Anniversary of the Flash Crash (above is a Bloomberg screenshot from that day). Over the past few days, we’ve been asked often if the Flash Crash could happen again. The short answer is yes. While regulators have addressed a few issues to reduce the risk of another Flash Crash, another crash could still occur because of underlying structural issues as well as the lack of advanced regulatory surveillance.
“What have regulators done since the Flash Crash?”
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