U.S. Proposes Ban on Flash Trading on Wall Street

The NY Times article is saying that

The S.E.C. on Thursday proposed banning what are known as flash orders, which use powerful computers to glimpse at investors’ orders. The practice is often associated with a controversial corner of finance called high-frequency trading, which has grown, largely hidden from view, into a potent force in the markets.

We can only hope so. I posted on this in early August here.