SEC Will Keep Thinking About High Frequency Trading
If you think that high-frequency trading helps institutional investors, then you're probably willing to cut it some slack for a certain amount of nefariousness. And if not, not.
Securities and Exchange Chair Mary Jo White gave a big speech today about market structure and high frequency trading in which she said that the SEC is planning to do a lot of looking into things. For my money the most important sentence in her speech is this:
There are I think two important and hard to dispute empirical facts about high-frequency trading:
