Non-disclosure non-agreement

“SEC Keeps Study On Speed-Bump Trading Under Wraps,” The Wall Street Journal, October 25, 2018 B11.  SEC has done a study of controls that slow down high-frequency traders, but hasn’t released that publicly.

The SEC is in charge of protecting the stock trading system.  As such, it watches over how quickly information moves within that ecosystem, and whether access is available to all at the same time.  But the SEC refuses to release the unredacted text of a study that it did on the impact on “controls” that limit the ability of high-speed traders to take unfair advantage of their access to information.

Curious as to why (and what) the government doesn’t want us to know.  Who oversees the government? (Hint: a free press is one of them).

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Filed under Access, Accuracy, Controls, Data quality, Duty, Governance, Government, Information, Interconnections, IT, Oversight, Technology, Third parties, To report, Value

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