Regulators Subpoena High-Frequency Traders: Report

Summary


WASHINGTON (Reuters) - The U.S. securities regulator has sent subpoenas to high-frequency trading firms in relation to last year's "flash crash" probe, the, citing people familiar with the matter.

The Securities and Exchange Commission is also examining whether these firms further exacerbated the panic on May 6, 2010, when U.S. stock markets suffered a record fall within minutes, the Journal said. The sudden drop in stock prices on that day is referred to as "flash crash."

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Regulators Subpoena High-Frequency Traders: Report

Some of the subpoenas have been s...

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