Jaffray Woodriff's Blog
November 28, 2012
This article was originally published at the Transparent Simplicity blog, and is reproduced here with the author's permission.
The problems detailed below of order types, rebates, and failed regulations are symptomatic of the deeper, more systemic problem with the regulation of equity markets:undue and dangerous complexity. Ever increasing regulatory and market microstructure complexity endangers market participants and society at large. It is absolutely essential...