US SEC chair to Congress: 'The markets are not rigged'

WASHINGTON, April 29 Tue Apr 29, 2014 10:53am EDT

WASHINGTON, April 29 (Reuters) - U.S. Securities and Exchange Commission Chair Mary Jo White on Tuesday responded directly for the first time to allegations in Michael Lewis' new book about the role of high-frequency traders, saying the markets are not rigged as his book suggests.

"The markets are not rigged," she told a U.S. House of Representatives panel. "The U.S. markets are the strongest and most reliable in the world." (Reporting by Sarah N. Lynch)

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