.....hahahaha....good luck bulls.
Reuters) - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday.
"The SEC and other regulators are looking carefully at certain practices in this area to assess whether they violate existing rules against fraudulent or other improper behavior," Schapiro said at the Economic Club of New York.
http://www.reuters.c...E6863QL20100907
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3 replies to this topic
#1
Yogibear101
Posted 07 September 2010 - 10:53 PM This is your brain on liberal mass media #2
Slipnslide
Grizzly Bear Posted 07 September 2010 - 11:02 PM
What possible bona fide purpose could "quote stuffing" serve? Other than ham-handed market manipulation?
#3
JonLaw
Grizzly Bear
Posted 08 September 2010 - 09:32 AM
What possible bona fide purpose could "quote stuffing" serve? Other than ham-handed market manipulation? It's a way for black boxes to make money by taking advantage of high speed computer technology. It's a speciality of the quants. And as long as no one tells them to stop, they will keep doing it.
The future always casts a shadow on the present.
#4
qqqbear
Grizzly Bear Posted 08 September 2010 - 09:37 AM
You gotta love the "free markets" to deliver the goods better than the regulators and the government......
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