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Tag: Trading

Wall Street Rigged

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Posted on Apr 7, 2014 READ MORE



Wikimedia Commons

The Sale That Dropped 600 Points

We knew capitalism was crazy, but it turns out it took only a single sale of $4.1 billion in futures to put into motion a series of events that culminated in the “flash crash” of May 6, during which the Dow Jones dropped 600 points in just a matter of minutes.

Posted on Oct 1, 2010 READ MORE


SEC building
Wikimedia Commons / AgnosticPreachersKid

More Stocks Subject to SEC ‘Circuit-Breaker Rule’

Remember that crazy time back in May when the Dow Jones unexpectedly dropped by almost 1,000 points in only half an hour? Well, the SEC has finally worked in some protection against such sudden plunges by expanding the number of stocks subject to its current “circuit-breaker rule.”

Posted on Sep 12, 2010 READ MORE



AP / Richard Drew

Wall Street Reform Bill Nailed Down

After a marathon final negotiating session, Congress has cobbled together a historic overhaul of financial regulations for Wall Street. The bill is expected to win final approval next week and land on President Obama’s desk.

Posted on Jun 25, 2010 READ MORE


Hillary Clinton
AP / Jim Cole

U.S. Lifts Arms Sanctions on Russian Firms

The U.S. has lifted sanctions on several Russian arms dealers, government and private, who were accused of aiding Iran’s effort to develop nuclear weapons, as Washington works to win Moscow’s support for a Security Council resolution aimed at expanding sanctions against Iran.

Posted on May 23, 2010 READ MORE


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