Securities Body Asks Feds To Probe High-Frequency Trading

Law360, New York (March 5, 2013, 7:25 PM EST) -- A group of state securities regulators Friday called on the federal government to investigate the effect of high-frequency trading on the U.S. financial markets, saying currently loose regulations against the practice might increase market volatility and disadvantage retail investors.

The North American Securities Administrators Association said in its annual legislative agenda that Congress should more carefully scrutinize opaque worlds of high-frequency trading to protect the common investor.

“HFT appears to have potentially dangerous implications for ordinary ‘mom and pop’ investors,” NASAA said. “In this regard, Congress’...
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