May 15, 2010

Stifel Nicolaus analyst on financial regulation

The evolution of trading technology and market structure over the last decade has been far too rapid for regulation to keep pace.

~ Chris Brendler, Stifel Nicolaus analyst, May 7 note to clients, quoted in BusinessWeek, "'Flash Crash' Poses Further Uncertainty for Stocks," May 10, 2010, by Ben Steverman

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