Friends of ours probably know that we collaborate with, and receive ideas from, a few other thought leaders in the industry. One such leader is R.T. Leuchtkafer (RTL). We first connected with RTL before the Flash Crash, as he had written a comment letter to the SEC’s Concept Release on Equity Market Structure in early 2010 that was a stark contrast to the plethora of other industry comment letters, each claiming that “our equity market structure was working better than ever.” You can read RTL’s comment letter here.
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