White House Declines to Comment on Clinton’s Market Proposal

White House declines to comment on Hillary Clinton’s proposal related to high-frequency trading, says measure appears to be building on “important progress made” in current administration on Wall Street regulatory changes, spokesman Josh Earnest says at briefing.

  • Obama is “mindful” of the risks associated with high-frequency trading, he says
  • Technology has had a “significant” impact on markets, and Treasury Dept is examining the ways it has done so

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