You’re seen a lot of headlines about robo-trading in the financial markets, but don’t fool yourself that it’s some new problem for regulators.
The debate’s been going on for 25 years as to what we can do to rein in computer trading. We’re still bringing up the same questions, and we’re still living in a time where Wall Street is way ahead of its regulators on the high-speed trading issue.
I talk about it in my column this morning for TheStreet.com. Read article