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End of Flash Trading=End of Market's Volume?

|Includes: BAC, Citigroup Inc. (C), FMCC, FNMA

The SEC is apparently going to put an end to 'flash' trading.  According to John Mauldin, citing Reuters, up to 40% of the volume on the NYSE is in 4 stocks! BAC, C, FRE, FNM.  If much of the volume is comprised of 'flash' trades, what will happen to the already light market volume once flash trading ceases to exist?