Senator Carl Levin’s Statement on Computerized Trading and the Rules of the Road

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September, 2012

We think this is a great letter.

 

http://www.levin.senate.gov/newsroom/speeches/speech/statement-of-sen-carl-levin_-subcommittee-on-securities-insurance-and-investment/

 

Statement of Sen. Carl Levin – Subcommittee on Securities, Insurance and Investment

Hearing: “Computerized Trading: What Should the Rules of the Road Be?”

Thursday, September 20, 2012

I would like to thank Chairman Jack Reed, Ranking Member Crapo, and all my colleagues on the Securities, Insurance, and Investment Subcommittee for holding this hearing.

Millions of American workers and their pension funds have long put their savings into the US capital markets in hopes of a better retirement and better future. In recent years, though, a number of headline-grabbing events have raised serious questions about our markets in

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