SEC Has Issued Subpoenas As Part Of Crash Investigation
Bloomberg reports that "U.S. Securities and Exchange Commission Chairman Mary Schapiro said the agency’s enforcement unit has issued subpoenas as part of its investigation of last week’s stock plunge." Is the general population about to get our first unredacted, and unbiased look into the nuts and bolts of HFT operations like Getco, Medallion, Citadel and Goldman (yeah, we can name drop too)? And whatever happened with that SEC investigation of Renaissance (yeah, we haven't forgotten). We can't wait to see what public data the subpoena uncovers.