New regulations on computer trading of stocks likely

myp

Jan 2009
5,841
50
President Obama is calling for computerized trading regulations in light of yesterday's huge Dow drop, which was partly caused by high activity by such programs. Two Democrats have suggested adding speed-limiting regulations to the pending financial reform bill. The President was quoted as saying, "the regulatory authorities are evaluating this closely with a concern for protecting investors and preventing this from happening again."

full story here: http://www.reuters.com/article/idUSTRE6463NP20100507

Thoughts?
 
Dec 2009
119
0
Canada
Definitely would be a good option. Getting rid of a lot of these forex or investment bots is the best option for almost anything.
 
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