John At The Center

That fiction is now hitting reality. Senator Ted Kaufman is upset that hedge funds use super-fast trading and computer algorithms to buy and sell shares, and wants the Securities and Exchange Commission to review market structures to make everything fairer. Goldman Sachs is also under fire for reports that it does not share the short-term views of its analysts equally with all its customers. Yet neither activity should greatly exercise regulators.

via FT.com / Lex / Macroeconomics & markets – Retail investors.