Editorial Board

High-Speed Trading Inquiry Is Going Nowhere Fast

New York Attorney General Eric Schneiderman wants to make markets safe for regular folk. His approach to high-frequency trading won't further that goal.
New York Attorney General Eric Schneiderman is scrutinizing traders' access to information. Photographer: Louis Lanzano/Bloomberg

New York Attorney General Eric Schneiderman has set himself the noble goal of making financial markets safer for the small investor. Unfortunately, his latest foray into the world of high-frequency trading will achieve little or nothing toward that end.

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