Schumer Presses SEC for Ban on ‘Unfair’ High-Frequency Trades

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Charles Schumer, the third-ranking Democrat in the U.S. Senate, asked the Securities and Exchange Commission to ban so-called flash orders for stocks, saying they give high-speed traders an unfair advantage. Source: Bloomberg.com Date: 7/25/2009 Keys: Stock market, valuation, trading, environment Link:  http://www.bloomberg.com Questions for discussion: Do you think these new technologies should be regulated by… Read more »