Federal regulators could gain more power to crack down on highly-secretive "Flash Boy" traders that use complex -- and secretive -- algorithms to buy and sell securities, according to a little-noticed provision in an otherwise deregulatory banking bill that could go to a vote on Tuesday. The bill, sponsored by Sen. Mike Crapo (R-Idaho), directs...
Federal regulators could gain more power to crack down on highly-secretive "Flash Boy" traders that use complex -- and secretive -- algorithms to buy and sell securities, according to a little-noticed provision in an otherwise deregulatory banking bill that could go to a vote on Tuesday. The bill, sponsored by Sen. Mike Crapo (R-Idaho), directs...
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