holy mf, stock777 RIGHT YET AGAIN!!!!!!!!!!!

SEC is owned by Wallstreet. They regulate competition out of existence for larger investment banks and look the other way when the Big Guys are caught with their hands in the jar. It's obvious who owns who. This strikes me as a fishing expedition for Goldman to dominate the HFT world. Competition is a sin, after all.

What's next? Regulators force disclosure of EVERY algorithm?? SEC already investigates funds that outperform the S&P to "prevent another Madoff". If you ask me, this is disconcerting...
 
I hope this one takes down the SEC and FINRA. More harm than good.

Even though the SEC believes it needs this algorithm information to help it police the market, many on Wall Street are still not convinced the agency will know what to do with the data.

"Let's just say the good developers in the industry are being hired by the industry -- not by an SEC salary," a trader said.
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