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Posts Tagged ‘corrupt regulators’

The Stock Exchange Brothel and Regulatory Pimps

Posted by Larry Doyle on April 7th, 2014 11:37 AM |

I am compelled to share a fabulous post from Wall Street on Parade that outlines the corruptible relationship and practices that lie at the core of the ongoing debate around high frequency trading.

Major props to Pam Martens for drawing further attention to the ugly reality within this incestuous relationship. Other media outlets should be so fearless in revealing the truth of the captured regulators.

The fallout from the new book, “Flash Boys” by Michael Lewis continues. Yesterday, Jonathon Trugman wrote in the New York Post that “These traders who use the HOV lane to get ahead of investors could not do their trades without the full knowledge and complicity of the New York Stock Exchange and Nasdaq.” (more…)

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