SEC May Restrict High-Frequency Trading Strategies
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U.S. Securities and Exchange Commission Chairman Mary Schapiro said her agency will examine whether market participants who buy and sell thousands of shares in milliseconds should face restrictions on their trading strategies.
“High-frequency trading firms are subject to very little in the way of obligations,” Schapiro said at an event held today by the Security Traders Association in Washington. “We will consider carefully whether these firms should be subject to an appropriate regulatory structure governing key aspects of their market behavior, including quoting and trading strategies.”