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