Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘high frequency trading fraud’

Letter to Editorial Board of The New York Times: “Real Cause Is Regulatory Capture/Corruption”

Posted by Larry Doyle on June 30th, 2014 9:56 AM |

I sent a copy of this letter to the members of the Editorial Board of The New York Times this morning. 

To the Editorial Board of The New York Times

Re: Sunday Editorial, The Dark Pool Iceberg: Lawsuit Against Barclays Shows Need for More Scrutiny

Dear Mr. Rosenthal, et al,

I was pleased to read your editorial in this past Sunday’s New York Times regarding the recent lawsuit brought by New York Attorney General Eric Schneiderman against Barclays for engaging in a ‘pernicious fraud’ within its equity division and specifically in the operation of its dark pool.

The allegations made by AG Schneiderman are supported by information provided by whistleblowers who had previously worked at Barclays. The outrage by investors and the public should be justifiably long and loud. The erosion of trust and confidence in Wall Street broadly speaking will continue to undermine our economy. We all suffer in the process. (more…)






Recent Posts


ECONOMIC ALL-STARS


Archives