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: SECLaw.com

SEC Proposes Flash Order Ban

By Mark H. Astarita, Esq.

A flash order enables a person who has not publicly displayed a quote to see orders less than a second before the public is given an opportunity to trade with those orders. Investors who have access only to information displayed as public quotes may be harmed if market participants are able to flash orders and avoid the need to make the order publicly available. The SEC has proposed proposed a

Full post as published by SECLaw.com on September 18, 2009 (boomark / email).

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