Forget Uptick Rule, we need to get rid of real problem...

Discussion in 'Trading' started by monstimal, Mar 10, 2009.

  1. Now that it looks like we are getting rid of the Uptick Rule we need to get rid of the real problem: Reg NMS.

    Look at the data, Reg NMS phased in completion on Oct 8, 2007, the peak close was Oct 9, 2007. The phase in began in July which was the previous peak.

    This is an example of government regulation that clearly isn't working.