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Archive Home > 2009 > August > 05 > SEC moves toward banning flash orders

SEC moves toward banning flash orders


August 5, 2009

NEW YORK " The Securities and Exchange Commission is moving toward banning a trading practice that gives some brokerages a split-second advantage in buying or selling stocks.

SEC Chairwoman Mary Schapiro said in a statement Tuesday that the agency is working to create a rule to ban the....

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