Panel at SEC backs high-speed trading kill switch - MarketWatch
Following up on recent technological snafus that have hurt investor
confidence, a panel of experts at the Securities and Exchange Commission
Tuesday backed the creation of computerized “kill switches,” along with
other limits to problems stemming from computerized trading.
Anything so big, so fast and so powerful that a kill switch needs to be
installed is too big, too fast and too powerful to exist in the first
place.
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