http://www.zerohedge.com/article/se...-running-algos-calculus-black-box-and-other-s ............................................................................ The incestual revolving door of govt./corp jobs will never cease until this organization is eliminated.... A new organization with new names and faces with a proper agenda is direly needed.... Otherwise ....expect more of the the same ....evolving Fascism.... People in this organization need to be independent....and be given a non-gameable direct access singular electronic exchange on which all asset classes of securities go through price discovery....to supervise....with a full education of all instruments....
SEC is done. You havent' even seen most of the bad stuff they've really done. Amazing though. Post - Madoff, they are actually trying to sweep it away. I'm sure a lot will surface in early September, after the idiots get back to DC.