Reg NMS was intended to create equality of opportunity in the U. S. stock market. Instead it institutionalized a more pernicious inequality. A small class of insiders with the resources to create speed were now allowed to preview the market and trade on what they had seen.
Michael Lewis (author)Related topics
class equality inequality intended market now opportunity seen small speed stock trade preview reg nmsRelated quotes
It's fascinating that people, there's so many people now who will make judgments based on what you look like. I'm black. So I'm supposed to think a certain way. I'm supposed to have certain opinions. I don't do that. You don't create a box and put people in and then make a lot of generalizations about them.
Clarence Thomas
