The FBI will join the SEC in investigating high frequency
trading technology for potential market manipulation, the FT reports. The two agencies
have had success working together before. Over the last 3 and a half years,
they've managed 80 successful insider trading prosecutions.
But this issue is much more complicated that who knows what.
Now the two agencies will be dealing in dark pools, private exchanges where
investors trade blindly with one another, and hedge funds and other firms that
use complex, super fast algorithmic codes to execute their trades…..
Wait...wait...there's more at:
http://www.businessinsider.com/fbi-and-sec-to-probe-high-speed-trading-2013-3#ixzz2MiQjim6p
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