• Tim Knight from...
    09/29/2014 - 19:50
    Which brings us to Clinkle, which is a firm founded by a 22 year old with no business successes behind him (which at least Color.com's founder could claim, as he sold his firm to Apple for...

Mary Schapiro

Tyler Durden's picture

Full Kaufman Letter To Mary Schapiro, Or Is The HFT Party About To End?





Issues under attack include everything that currently lays the groundwork for a multiple-tiered market, including:

  • Flash Orders
  • High-Frequency Trading (with a juicy tangent regarding Renaissance Technologies)
  • Co-location of Servers at the Exchanges and Other Venues
  • Direct Market or Sponsored Access
  • Dark Pools
  • Liquidity Rebates
  • Retail Order Flow
 
Benjamin N. Dover III's picture

Ken Lewis Tips Mary Schapiro $33M For Good Service





SEC charges Bank of America with lying to investors to the tune of billions of dollars, but quickly realizes its mistake and settles for $33 million. Actual payment to be delayed until BofA teller in charge of petty cash drawer returns from vacation.

 
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