Lew Says Regulators Undecided on High-Frequency Trading
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U.S. Treasury Secretary Jacob J. Lew said the government is trying to understand high-frequency trading in financial markets and indicated he’s not sure yet whether it should be subject to stricter regulation.
“I don’t want to jump to a conclusion that there is a need for a regulatory response,” Lew said today in response to a question at a conference in New York. “We first have to understand whether there is a problem that traditionally rises to the level of regulatory concern.”