03-18-2014, 11:25 PM
About time..
New York's top law enforcer has opened a broad investigation into whether U.S. stock exchanges and alternative venues provide high-frequency traders with improper advantages, a person with direct knowledge of the matter said... "This new breed of predatory behavior gives a small segment of the industry an enormous advantage over all other competitors and allows them to use new technologies to reap huge profits based on unfair advantages," according to a draft of Schneiderman's speech to be delivered today at New York Law School.
High-Speed Trading Said to Face N.Y. Probe Into Fairness - Yahoo Finance