Dear SEC, It’s Time To Abolish The Maker Taker Model

03

August, 2012

The events of the past few days are sure to stir some activity in Washington.  Congress will likely  start asking questions and may even hold some hearings.  The regulators will once again be put under the spotlight like they were after the May 6th Flash Crash.  They will likely be pressured to take action.  We urge them to be very careful here because their actions may bring upon an entirely new set of unintended consequences.

Why would we be suspect of our regulators?  Because we have seen this movie before.  Back

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