Recently I ran a replay video of my earlier interview with Joe Saluzzi covering how high frequency trading works — and underscoring how it disadvantages & preys upon the unsuspecting retail investor.
I ran that video because after years of seemingly turning a blind eye to the exploitation of our financial system by HFTs, the SEC has just proposed a sweeping set of rule changes designed to better level the playing field.
Since the SEC posted its proposed market structure reforms for public feedback, Joe has been busy plowing through all 1,600 pages of them to make sense of it all for us.
In this video, we hear his assessment.
