Insight: Brokers point fingers over "naked access" rule

Comments (4)
divinargant wrote:

How far will they push the limits of the rule? They’ll push it to the wall and when they hit the wall the HFT’s will dig a tunnel underneath the wall and then the SEC will try to fill that tunnel as the HFT’s start digging another tunnel and it goes on and on and on and on……….

Oct 02, 2011 2:07pm EDT  --  Report as abuse
libertadormg wrote:

HFT has “nothing” to do with a honest and efficient market. HFT is nothing but a tool in which the powerful can manipulate the powerless. The individual investor has been driven from the stock market because the stock market has become a outrageous rigged game in which insiders always win. Risk? HFT don’t take risk, they rig the game.

Oct 02, 2011 3:53pm EDT  --  Report as abuse
Aeonios wrote:

This rule does not address the problem adequately, and will not prevent the bots from continuing to shill the markets.

Oct 02, 2011 9:49pm EDT  --  Report as abuse
kimmysan wrote:

SEC shut down all dark pools, frequencey trading, naked shorting, etc etc. They know this is unfair advantage on the markets to disguise the rich taking out retail investors money plain and simple. They have all the tools to manipulate the markets because the SEC allows it. What ever happen to talk of the uptick rule? No more loopholes for the rich with all the rouge traders, ponzi schemes on the markets there is no wonder there is no confidence on the markets because of it. Time to overhaul the rules before the whole market get fat fingered again because the technology is ever changing and faster to cheat people of their money.

Oct 02, 2011 10:01pm EDT  --  Report as abuse
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