US Taxpayers Pay For SEC to Arrange Early Release of Data

[mjvcaj]

to HFT firms. LOL.

Good lord, the Administration has no handle on financial regulatory matters.

http://blog.themistrading.com/us-taxpayers-pay-for-sec-to-arrange-early-release-of-data-to-high-speed-trading-firms/

"Apparently, two separate academic studies (University of Colorado / University of Chicago, and Columbia University) have found a lag between when paying subscribers received SEC Edgar filings, and when the public did on the SEC’s own website. - See more at: http://blog.themistrading.com/us-taxpayers-pay-for-sec-to-arrange-early-release-of-data-to-high-speed-trading-firms"
This post was edited on 10/29 3:06 PM by mjvcaj

 

[i'vegotwinners]

the SEC is a regulatory agency.

while regulatory agencies are needed and a positive in theory, the problem is that they are set up by a govt that has already been bought off by the entities they were set up to regulate in the first place, therefore the regulatory agencies have been bought off by the entities they are set up to regulate. ("captured" is the insider term).

add to that, the whole revolving door fiasco, where those heading the regulatory agencies have a built in quid pro quo with those they are regulating, since they will go to work for, directly or indirectly, the regulated industries or their lobbying arm, as soon as they leave the regulatory agency..

the problem with regulation isn't in theory, it's in execution.

once you have a govt that can be literally bought by big money and corp interests, you have lost the ability to responsibly legislate or regulate regarding said industries.

thus we have what we have.


doesn't mean everything about the need for the SEC or other regulatory agencies isn't there.

just means both the agencies and those heading them, have all been corrupted to the point they can't or won't execute their very purpose.

if you see a regulatory agency such as the SEC or FCC operating in a way that seems nonsensical, that's the corruption at work, not the mission.

let's not pretend otherwise.










This post was edited on 10/31 7:42 PM by i'vegotwinners

 

[anon_6hv78pr714xta]

to HFT firms. LOL.

Good lord, the Administration has no handle on financial regulatory matters.

http://blog.themistrading.com/us-ta...-release-of-data-to-high-speed-trading-firms/

"Apparently, two separate academic studies (University of Colorado / University of Chicago, and Columbia University) have found a lag between when paying subscribers received SEC Edgar filings, and when the public did on the SEC’s own website. - See more at: http://blog.themistrading.com/us-ta...y-release-of-data-to-high-speed-trading-firms"
This post was edited on 10/29 3:06 PM by mjvcaj

High frequency traders are at it again? You'd think we would have figured this problem out by now.

By the way, mjvcaj, haven't seen you around here. Are you new?

EDIT: Damn it, forgot to look at the dates again.

 

[larsIU]

By the way, mjvcaj, haven't seen you around here. Are you new?

Just kidding. I have no idea.

 

[DANC]

High frequency traders are at it again? You'd think we would have figured this problem out by now.

By the way, mjvcaj, haven't seen you around here. Are you new?

EDIT: Damn it, forgot to look at the dates again.

How the hell did you dig up this thread to post in? From 2014???

 

[anon_6hv78pr714xta]

How the hell did you dig up this thread to post in? From 2014???

Went to the oldest post on the board and responded. Might start resurrecting others. I can only imagine that now this will last another 8 years.

 

[UncleMark]

Just kidding. I have no idea.

That's JDB's old handle. Can't remember why he changed it.

 

[Spartans9312]

That's JDB's old handle. Can't remember why he changed it.

It’s good to see that nothing has changed with IGW.

 

[mcmurtry66]

High frequency traders are at it again? You'd think we would have figured this problem out by now.

By the way, mjvcaj, haven't seen you around here. Are you new?

EDIT: Damn it, forgot to look at the dates again.

@UncleMark can you ban him for a while

 

[UncleMark]

@UncleMark can you ban him for a while

How about a stern warning via DM? That usually sends people into a frenzy.

 

[mcmurtry66]

How about a stern warning via DM? That usually sends people into a frenzy.

I don’t know. Sucks as he was my lawyer endeavoring to get transparency. But now I want him banned

 

[Baller23Boogie]

I don’t know. Sucks as he was my lawyer endeavoring to get transparency. But now I want him banned

Not to pile on, but you make some absolutely horrible hiring decisions when it comes to the cooler.

(And I fired myself from you... I saw the wreck before it happened 😄).

 

[anon_6hv78pr714xta]

I don’t know. Sucks as he was my lawyer endeavoring to get transparency. But now I want him banned

"Was?"

 

[larsIU]

I don’t know. Sucks as he was my lawyer endeavoring to get transparency. But now I want him banned

Fickle

 

[Noodle]

Went to the oldest post on the board and responded. Might start resurrecting others. I can only imagine that now this will last another 8 years.

I responded to one from way back recently and no one noticed. It was from back when I was willing to vote Republican

 

[mcmurtry66]

Not to pile on, but you make some absolutely horrible decisions

fixed

 

[DANC]

I responded to one from way back recently and no one noticed. It was from back when I was willing to vote Republican

The fact no one noticed should tell you something.

 

[TheOriginalHappyGoat]

That's JDB's old handle. Can't remember why he changed it.

He was avoiding multiple bans. I offered to resurrect this handle but I think he said he forgot the password or something.

 

[JamieDimonsBalls]

How about a stern warning via DM? That usually sends people into a frenzy.

be careful about sliding into someone’s DMs

 

[JamieDimonsBalls]

High frequency traders are at it again? You'd think we would have figured this problem out by now.

By the way, mjvcaj, haven't seen you around here. Are you new?

EDIT: Damn it, forgot to look at the dates again.

 

[JamieDimonsBalls]

He was avoiding multiple bans. I offered to resurrect this handle but I think he said he forgot the password or something.

I don’t recall if I was even banned on this site. It was the other board that was the problem post-mod transition.

 

[Lucy01]

I don’t recall if I was even banned on this site. It was the other board that was the problem post-mod transition.

Do you mean Peegs?

 

[JamieDimonsBalls]

Do you mean Peegs?

no, tMB