SEC nixes high-frequency trading platforms

Blah! Blah! It is as if the SEC never knew it was happening, and it took a much-hyped book to open their eyes?!! BS.

Well, you are correct in that they had foreknowledge. The reason they did not act is simply that the super-rich control what things get done and what things don't get done.....they heavily influence what laws pass and which ones get enforced. Only when something becomes so public and with such a strong public reaction will bureaucracies begrudgingly make signs of acting. The bureaucracy does not like to go against the wishes of the super-rich, and usually only does so when it becomes necessary in order to continue the charade by the bureaucracy that it is not a lap dog of the super-rich, and that it really is looking out for the best interests of the public.

We all should know that is a lie. Just look at the continued practice in the stock market of naked shorting, selling shares that don't even exist in order to depress the value of the stock. And only the professional trading outfits can do it! The stock market is corrupt and controlled by crooks. And the SEC is a farce, with a history that indisputably shows the SEC is looking out more for the interests of the crooks that run the stock market than the shareholders they are supposed to be protecting.

nothing wrong with HFT ...just getting front runned and sold down the river. The SEC has crooks and incompetents running it anyway. Bernie Madoff was running billions through the market..never even made most of the actual trades and these knuckleheads didn't test the bank balances or if the trades occured. ..these guys couldn't find ice cream in a dairy queen.

Agreed, HFT needs regulation though, to block out the software code that allows front-running. Then the playing field is a bit more levelled.

SEC nicks high-frequency trading platforms!

I will believe it when I see it actually happening for real .Til then no comment!
Happy trading

These guys are idiots!! They made some money and they need to open their big mouth and flaunt their wealth around as if it was something amazing that they discovered. They can't just take their money and go to somewhere else quiet to enjoy them. They had to flaunt it!! Well I hope they are happy now with SEC on their back waving their big stick and shutting them down.

Men! Just can't keep their mouth shut when they thought they found something.