Chicago Fed official calls out CFTC, SEC over HFT regulation
“You cannot have 80% of the market being just HFT,” says Ranjan
US markets regulators are not doing enough to oversee high-frequency traders (HFTs), a policy adviser at the Federal Reserve Bank of Chicago said on October 1.
Rajeev Ranjan, a member of the economic research department at the Chicago Federal Reserve, said the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission were lagging behind their European counterparts in
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