US Justice Department confirms investigation to determine if high speed trading violates insider trading laws
The US Justice Department has confirmed it will begin an
investigation to determine whether or not high speed trading
violates insider trading laws, writes Joe
The announcement comes in the same week as the
launch of Michael Lewis’ book Flash Boys, in which
he argues that Wall Street has been rigged by high frequency
trading (HFT), bringing the activity to regulators attention
and sparking much debate in the industry.
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