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CFTC eyes new powers to police algorithmic trading

Posted on 08 October 2010

From Reuters: The U.S. futures regulator said on Thursday it would look at whether new regulations could help prevent market disruption from high-frequency algorithmic trading in the wake of the May 6 “flash crash.”
The Commodity Futures Trading Commission has new powers in a Wall Street reform law to tackle attempts to manipulate or disrupt markets, and plans to look at high-frequency traders’ role in the equities plunge as it crafts new rules……………………………………….Full Article: Source


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