This was not so much a crash based on some glitch; this was an intentional effort on the part of somebody who had as little as $30 to $50 million and a few computers and a couple p...
The merger of the data not just at the executing levels but also the exchange order books, and that is absolutely essential.
That is why the market centers have proliferated to the extent that they have since Regulation NMS went into effect in 2007.
The very markets we rely on to jump start our economy and invest in America's future are susceptible to market dysfunctions that jeopardize ...
I think we need to worry less about the fragmentation of the market than we do about the fragmentation of regulation.
I do not want to give the impression that the equities market is unfair.
That fragmented and incomplete information, what is not included in the information, is the beneficial owner or the person putting the order...
In my judgment, since these markets are so connected, it would seem to me that there is nothing preventing somebody from using one market to...
I think we have been really penny-wise and pound-foolish in the way we have funded our regulators.
Today, U.S. capital markets, which traditionally have been the envy of the world, are fractured.
The very markets that we rely on to jump start our economy and invest in America's future are susceptible to market dysfunctions.