Technological developments have far outpaced--far outpaced--regulatory oversight, and traders who buy and sell stocks in milliseconds--capitalizing everywhere on very small price differential in a highly fragmented marketplace--now predominate over value investors.
Kaufman highlights the gap between technology and regulatory oversight in stock trading.
Share
More from Ted Kaufman
I'm not for spending one more dollar or one more American life until we have a conviction that we can get governance that's good enough.
You are one standard, bright, consistent star that we know we can always turn to.
I do not want people sitting around in their office on Wall Street saying, Well, you know, we have kind of been doing this, and it has kind of worked for us, so we are going to keep doing it.
Other voices in this conversation
