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News Link • Economy - Economics USA

REPORT: SEC Planning 'Purge' Of High-Frequency Traders

•, Rob Wile
Byrne says a series of new regulations and enforcement actions by the agency will amount to a "purge" of the sector, competition against which "Flash Boys" protagonist Brad Katsuyama described as like "getting screwed, but [I] couldn't figure out who was screwing me." 
“You’ll probably see the commission coalesce around those enforcement cases and then bring new rules on high-frequency trading,” a source with knowledge of the SEC’s thinking told the Post. “There’s a lot of pressure on the SEC to act.”

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