In response to:

Does Speed Kill?

aTheist Wrote: Jun 21, 2012 1:03 PM
Then don't read it.

The CFTC is going to move aggressively against high frequency traders. If you have read this blog, I have railed against HFT in some instances, and supported it in others. I don’t think it’s the speed that has broken the marketplace. It’s the structure.

For those of you that don’t know, the CFTC is the Commodity Futures Trading Commission. It regulates the futures industry. Currently, it has a horribly misguided leader, Gary Gensler. Instead of finding fraud and prosecuting bad players in the market, like MF Global, they are busying themselves expanding their reach and meddling in markets....