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News Link • Economy - Economics USA

DoJ Confirms "Insider Trading" Probe Of HFT

• http://www.zerohedge.com, by Tyler Durden
The Justice Department is investigating high-speed trading practices to determine whether they violate insider-trading laws, Attorney General Eric Holder is expected to tell lawmakers Friday.

 Mr. Holder, in prepared remarks, said the practice has "rightly received scrutiny from regulators."

 "The department is committed to ensuring the integrity of our financial markets," Mr. Holder said in testimony about the Justice Department's budget before the House Appropriations Committee. "We are determined to follow this investigation wherever the facts and the law may lead."

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