Clinton’s Financial Transaction Tax – A Solution Seeking a Problem
Economy / Presidential Race 2016 / Taxes

Clinton’s Financial Transaction Tax – A Solution Seeking a Problem

Should she win in November, Hillary Clinton’s platform on financial services will likely serve as the financial policy roadmap for the next four years. Notable within Clinton’s Wall Street plan, released last October, is a call for a financial transaction tax (FTT) on high-frequency trading (HFT). A financial transaction tax is an excise tax on trades … Continue reading

HFT Firms Manipulating NASDAQ
Economy / Regulation / Stock Exchange / Trade

HFT Firms Manipulating NASDAQ

Threatening equity markets, stock manipulation is among the hottest topics for investors today. Michael Lewis, author of Flash Boys: A Wall Street Revolt, describes the U.S. stock market as rigged in favor of High Frequency Trading (HFT) firms.  In a 60 Minutes edition, Lewis stated that these firms are able to “identify your desire to … Continue reading