Flash Boy broker struggles to be an exchange

(Last Updated On: February 12, 2016)

Flash Boy broker struggles to be an exchange

This just goes to show you how corrupt all the exchanges are ganging up against probably the only ‘fairest’ new broker who wants to be part of the party. The rest of the ‘monopolistic exchanges’ only care about their pay to play for better access to their feeds.

Investigators for the Securities and Exchange Commission and Justice Department get so many e-mails they can’t possibly review them all without using Control-F, said Reed Brodsky, a partner at Gibson, Dunn & Crutcher LLP who prosecuted Rajaratnam when he was with the U.S. Southern District.

Bats Global Markets Inc. has changed its mind about IEX Group Inc.’s controversial proposal to become a U.S. stock exchange.

To read the entire article, go to http://bloom.bg/1V7KKMC

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