Shipkevich Bitcoin and ICO Attorney

Bart Chilton

Felix Shipkevich August 8, 2011

The Wall Street Journal reports that the SEC has sent out subpoenas to firms engaged in high-frequency trading (“HFTs”) as a part of its probe into last year’s “flash crash.” The SEC and CFTC released a report last year that lists high-frequency trading as one of the reasons behind the crash. Regulators are trying to […]

Felix Shipkevich July 15, 2011

The Australian Securities and Investments Commission (“ASIC”) released a market report this week which included comments on “problematic algorithms” used in high-frequency trading software. Unlike U.S. CFTC Commissioner Bart Chilton, who has been very vocal about his distrust of the “cheetah” traders that take advantage of this software, the ASIC is suspicious of the programs […]

Felix Shipkevich July 13, 2011

CFTC Commissioner Bart Chilton continued his campaign to reign in high-frequency traders this week before the American Soybean Association Legislative Forum. High-frequency traders, sometimes known as cheetahs, use high-speed computers and hyper-sensitive algorithms to make lightening fast trades. Chilton argues that unregulated cheetahs are dangerous to financial stability. They make markets susceptible to “flash crashes” […]