Simon Johnson worries the SEC is still serving Wall Street interests in its handling of concerns...

|By:, SA News Editor

Simon Johnson worries the SEC is still serving Wall Street interests in its handling of concerns about high frequency trading. The SEC's hearing next week on the issue so far is packed with proponents of HFT with almost no one who thinks HFT is out of control. The SEC "has a long way to go to restore its credibility," and the hearing is an "important test."