On the recordMay 5, 2010
It is hard for me as someone who worked in the market for 31 years to understand how any trades can be broken arbitrarily by an exchange.
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Jim Bunning
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congress.govIt is hard for me as someone who worked in the market for 31 years to understand how any trades can be broken arbitrarily by an exchange.
Bunning expresses confusion over arbitrary trade-breaking rules.
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But the SEC for 13 years has sat on their hands. So if you do not get the Justice Department involved in this, shame on you as the Inspector General.
Five weeks is a pretty good time to be able to read the report and, according to the Inspector General, redact those things that should not be made public.
This is a stunning case, knowing that the SEC has changed hands and things, that they would not jump down this after the Madoff--Bernie--after his case hit the papers.