High-speed stock trading is focus of several investigations

http://www.latimes.com/business/la-fi-high-speed-trading-probe-20140405,0,872719.story



The SEC, Justice Department and New York's attorney general are among entities investigating high-speed, or high-frequency, stock trading.

High-speed stock trading is focus of several investigations
By Walter Hamilton and Timothy M. Phelps
April 4, 2014, 4:58 p.m.

If you're not investigating high-speed stock trading, you're missing one of the hottest trends on Wall Street.

Atty. Gen. Eric H. Holder Jr. announced Friday that the Justice Department is examining high-frequency trading for possible violations of antitrust and insider-trading laws.

When Justice Department investigators visit companies, they may bump into their compatriots from other state and federal agencies.

The FBI disclosed this week that it is in the middle of a months-long probe. The Securities and Exchange Commission is conducting its own investigation. So reportedly are the New York attorney general and the Commodity Futures Trading Commission.