Wednesday, April 25, 2012

And the SEC does absolutely nothing.....

Okay, maybe they have had a couple of meetings with HFT firms and lobbyists and exchange officials and whoever else is raking in millions but from where I sit nothing is getting done.

Let me break it down for you in a simple manner.     When another investor gets to go inside the market and take a look at my order and front-run it to the detriment of our clients that is wrong.

I think the SEC calls it "providing liquidity".    I call it theft.

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