The market is not rigged despite what Michael Lewis asserts in his new book "Flash Boys", says Dan Greenshields, President of Capital One ShareBuilder. Greenshields says speculation has always played a role in the capital markets and the regulators will eventually eliminate illegal trading and front-running by high frequency traders if that proves to be the case. He says Capital One ShareBuilder does not get paid for order flow and avoids so-called dark pools so it is less affected by HFT than other brokerages.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

More from Video

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Abercrombie & Fitch CEO Reveals to TheStreet How She Is Turning Company Around

Abercrombie & Fitch CEO Reveals to TheStreet How She Is Turning Company Around

The Chart Professor: Worried About United Technologies Right Here

The Chart Professor: Worried About United Technologies Right Here

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer