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DOJ Investigating High Frequency Trading

Saturday, Apr 12 2014
Markets & Investments
Written by  PFA News

The Justice Department is investigating if high frequency trading is violating insider trading regulations. So reports Bloomberg Businessweek.

The DOJ joins a handful of other government entities, including the FBI and New York State Attorney General Eric Schneiderman, that are scrutinizing the practice. Concerns over high frequency trading grew after the publication of the book Flash Boys, which alleges that equity traders are preying on slow traders by quickly acting on non-public information.

Read the full article from Bloomberg Businessweek.

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