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SEC Lacks Smarts Needed to Tackle Shadowy Trades

...but doesn't have the technology or know-how, critics say

By Kevin Spak,  Newser Staff

Posted Aug 20, 2009 2:18 PM CDT

(Newser) – The Securities and Exchange Commission is stepping up its efforts to shine light on the market’s more shadowy corners, examining flash quotes, high-frequency trades, and so-called “dark pools.” But the agency just doesn’t have the technology or trading know-how to keep...   Read full story »

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