Wednesday, November 4, 2009

MORE HOOLIGAN TOOLERY


BANZAI7 NEWS--The top U.S. securities regulator said she was looking for ways to crack down on "naked access," the practice of brokers giving high-frequency traders unfettered access to public markets.

Naked access, blind pools, high frequency trading...you don't have to call Harry Houdini back from the dead to figure what these things are designed to do.

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