Steve Carreon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Host youre watching booktv on cspan2, and now joins us live is the author of flash boys. Michael lewis, what is a flash boy . Guest the heroes of the book are the flash boys, and theyre people that discover the stock markets got something funny going on and seek to find out what it is and then build a mechanism to prevent predators in the stock market from getting to prey. Its called flash boys for a couple of reasons, actually. One is that the solution that the main characters come up with requires them to be faster than the highspeed traders who are the predators in the stock market. So they...

Been exposed that the problem can be dealt with. The regulatory process can do the things it needs to do which isnt necessarily introduce one new regulation. You see what happens with a very wellmeaning regulation. I think the two things that people in congress who are concerned with this issue and regulators should always keep in mind is that everything should be in the direction of increasing transparency, genuine transparency not the radical transparency where people will know what is happening rather than digging through 800 documents. Actual transparency and two being very sensitive to th...