Where’s the SEC When You Need It?
When Securities and Exchange Commission Chairman Mary Shapiro says she is “concerned about our markets’ fairness as well as their functioning,” and promises to “examine the effects of relatively new trading venues, strategies and tools, including high-frequency trading,” which she did in a recent statement, that’s a great start to leveling the playing field for retail investors.
“But let’s admit it’s just a start,” Cramer said Wednesday.
What needs to be done? That was the focus of the Cramer’s latest Eureka moment. Watch the video for his full report.
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