Kaufman Continues Quest For Efficient Markets

Zero Hedge WASHINGTON, D.C. – In a speech on the Senate floor today, Sen. Ted Kaufman (D-DE) applauded the SEC for its proposal to ban flash orders and, more importantly, begin a broad review at the Commission of the opaque, high-tech stock trading practices that in recent years have “fundamentally changed the way our markets operate.” “I’m hopeful that last week’s action was a true beginning,” said Sen. Kaufman. “Banning flash orders is only a small — though significant — step in the