Seeking Alpha

The SEC is reportedly looking into "quote stuffing," the practice of placing an unusually large...

The SEC is reportedly looking into "quote stuffing," the practice of placing an unusually large number of buy or sell orders for stocks in a fraction of a second, and then canceling the orders almost immediately. Regulators are concerned the practice distorts stock prices and may have played a role in May's flash crash.
Comments (7)
  • The EconomicJoker
    , contributor
    Comments (961) | Send Message
     
    Regulators are smart people.
    2 Sep 2010, 08:42 AM Reply Like
  • DaJoker
    , contributor
    Comments (106) | Send Message
     
    Zero Hedge has been talking about this for months now... SEC... criminals in their own right.
    2 Sep 2010, 08:51 AM Reply Like
  • D_Virginia
    , contributor
    Comments (2280) | Send Message
     
    That's a bit harsh. It's more like criminally negligent.

     

    Also, one of the big problems is the laws. They're so vague, out-dated, and contradictory that any scumbag bank or hedge fund can have their team of scumbag lawyers find some loophole or lay such a heavy burden of proof on the SEC that everyone gets off free and clear.

     

    Lawyers are one of the best investments that a crooked investing operation can make -- second only to congressmen.
    2 Sep 2010, 08:56 AM Reply Like
  • Harry Tuttle
    , contributor
    Comments (2221) | Send Message
     
    By the time they figure it out the industry will have moved on to something else.
    2 Sep 2010, 08:55 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3314) | Send Message
     
    Porn vs Ponzi.

     

    Porn Wins.
    2 Sep 2010, 09:28 AM Reply Like
  • allycatt2
    , contributor
    Comments (78) | Send Message
     
    The boys at the SEC aren't the sharpest tool in the box.
    2 Sep 2010, 09:51 AM Reply Like
  • DaJoker
    , contributor
    Comments (106) | Send Message
     
    The only reasonable sheriff in town...Elliot Spitzer... well he went down disgracefully... too bad, he was a bad ass.
    2 Sep 2010, 10:52 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|