SEC Chairwoman Mary Schapiro called the August 1 events at Knight Capital “unacceptable,” adding that:. . . existing rules make it clear that when broker-dealers with access to our markets use computers to trade, trade fast, or trade frequently, they must check those systems to ensure they are operating properly. And, naturally, we will consider whether such compliance measures were followed in this case.
Cohen Milstein Sellers & Toll PLLC Announces The Investigation Of Knight Capital Group, Inc.
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