Reuters - Video

Edition: US | UK | IN | CN | JP

Video

U.S. Morning Call: SEC may fine high frequency traders

Thursday, February 23, 2012 - 02:50

Feb. 23 - The WSJ says SEC chair Mary Schapiro may fine high-frequency traders in order to curb the huge influence they have on stock trading.

▲ Hide Transcript

View Transcript

Here's your morning -- this Thursday we'll watch out high frequency traders here comes the FCC. Chairman Mary Shapiro says the agency is considering charging those traders fees for the clients sell orders -- place and then later canceled. The Wall Street Journal says the FCC wants to curb huge influence -- HT on the market Shapiro saying their activities worry her. High frequency traders say they provide liquidity and lower costs for ordinary investors. Mitt Romney going after Rick Santorum. Republican presidential candidates facing off and -- eight Arizona Santorum has surged in recent polls and Casey or rocket attacks from Romney and others. Some over his use of earmarks or specific spending proposals others over his notes on education policy. Even -- Santorum tried to attack Romney and a former Massachusetts governor was ready with a quick retort. You know we were talking about this issue before. You know religious conscience of protections. But this is that the whole reason this issue was alive is because of the bill that you're drafted a Massachusetts Romney care. Which was the model for obamacare and the government takeover of health and Arlen Specter. The pro choice senator of Pennsylvania that you supported and endorsed in a race over had to me he voted for obamacare. If you had not supported him if we had said now note Arlen Specter we would not have obamacare so don't look at. With heat -- night the Arizona and Michigan primaries take place. Apple has one fewer problem in China to worry about Shanghai court has rejected a request by Chinese technology firm. To stop apple from selling ipads in the city according to a source. Prove you technology claims it owns the trademark of the iPad name and I'll cases against apple across the country. The next court date is Wednesday and Chinese appeals court in the one down on the a federal judge has ruled that BP and Anadarko are on the hook for civil damages from the 2010 gulf oil spill. The ruling exposes the two companies to billions of dollars in potential fines. BP says it is -- -- paid out when an eight billion dollars in claims and will pay all legitimate claims Anadarko did not immediately respond to requests for comment. The judge said BP and Anadarko aren't liable under the Clean Water Act from oil discharge beneath the water's surface because they -- -- respected 6525%. Of the macondo well. That collapse. Stocks to watch today include Hewlett-Packard a Dow component down premarket after posting. That company warned it would take several years to turn around its sprawling businesses. And drug developer did this after channel outside experts recommend -- the FDA approved its obese -- That's my call this Thursday on Rogers this is writers that side.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Morning Call: SEC may fine high frequency traders

Thursday, February 23, 2012 - 02:50