HFT Update

[jacksrbtr]

www.businessinsider.com/congressmen-question-sec-chair-on-hft-2014-4

So lemme get this straight:

The SEC Chair Mary Jo White says Markets are not rigged before she even completes her investigation of the issue to which she could not even provide a schedule.

That's real "hope and change" for this Administration - what a crock of shit to come out with a finding BEFORE such an investigation is completed.

[huh]

If you were to describe the current market to an investor/trader previous to the 1970's, they'd have one simple question: "Why the gosh would anyone buy into that?"

Your response would likely be: "Because our country now only exports phone apps, so we need to make money somehow. And although casinos have flourished, they only reward us with comps."