Registered: Apr 2009
07-12-12 02:31 PM
Quote from mgrund:
So much for the vote-67 days and HFT is still with us, and here to stay.
The vote was delayed until "at least September" (and probably forever) according to a now-defunct WSJ link I posted earlier.
I was looking forward to seeing what the 1/2 second rule would do -- I don't know much about the rest of this legislation, but the 1/2 second rule would have been interesting, and beneficial, too, in my opinion, as long as the big players weren't exempted, as has often been the case in the past with these types of rules.