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(An updated article) How leery RIAs should be of a flash crash and how much the SEC's new report advances our understanding

Circuit breakers are a band-aid for a problem in search of a liquidity solution

Author By Harald Malmgren and Mark Stys, Guest Columnists October 4, 2010 at 3:32 AM
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Mark Stys: The SEC report is a first step. But there have been no actions yet taken that would alleviate the problems encountered on May 6th; the only action has been the institution of circuit breakers on large price drops.


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