Flash crash proposals

[TraDaToR]

http://www.wallstreetandtech.com/regulatory-compliance/229401009

 

[Bob111]

this sums up the whole article-

All and all, between preferencing and trade-at, the Joint SEC/CFTC Committee has upset virtually all of the U.S. equity market professionals. While these rules may actually help the market, industry pressures to maintain its sacred cows will be intense -- even if the new rules are the right prescription to stave off another May 6.

bottom line will fit into 4 letters-SSDD

 

[bearice]

Biggest Fraud/Scam in human history.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=219429

 

[elon]

Yeah, its all about protecting the 'sacred cows' as you say. There is so much money that Wall Street uses to fund government that I honestly don't think anything will change much. On the one hand I'll be able to keep doing what I'm doing. On the other hand the future is in big trouble.