Tag Archives: Charles Schumer

HFT Observation: Donations and Lobbying by High Speed Traders are Rising

Sarah Lynch from Reuters reports that high-frequency trading firms have increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political connections in … Continue reading

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Fees Pitched for High-Frequency Trading by Senator Schumer: “High-Speed Traders Should Bear Cost of Oversight”

As reported by The Wall Street Journal’s Jacob Bunge, Senator Charles Schumer told regulators that sophisticated electronic traders should bear the cost of monitoring their dealings, with special fees assessed to traders that issue and then rapidly cancel securities orders. … Continue reading

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