Market Beats SEC To The Punch In Knight Capital Snafu

Law360, New York (August 2, 2012, 8:15 PM EDT) -- Securities regulators will want to address Wednesday's blunder by Knight Capital Group Inc. and calm nervous investors already skittish in the wake of similar technical glitches, but experts say they should resist the temptation to do more and instead allow the market to continue meting out punishment.

Hours after a software glitch at Knight Capital on Wednesday morning caused wild swings in the stocks of some 140 companies on the New York Stock Exchange, the U.S. Securities and Exchange Commission said it was "monitoring the situation...
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