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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: ftth who wrote (35301)	9/14/2010 3:07:29 AM
From: axial	of 46821

HFT update - First HFT Casualty As Finra Fines Trillium $1 Million For Quote Stuffing And General Market Manipulation (Again) zerohedge.com --- "Perhaps one should ask who the permissive factors in this ultimately illegal activity are: and the answer is the exchanges themselves. Should exchanges have a responsibility to protect the clients on their exchange? Should that responsibility outweigh its profitability from co-location? Are owners of orders on any exchange entitled to be protected on that exchange from nefarious activity? Should they at least expect the exchange to not continue profiting from those unscrupulous outfits that harm its clients?" --- [The problems began when exchanges converted from non-profit to for-profit enterprises] Jim

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