11:44 AM
Opening Statement on the Flash Crash from SEC's Shapiro
The SEC and market participants are still trying to sort out what exactly happened during a 20-minute period on May 6 that saw the markets swing wildly in both directions. Mary Shapiro, chair of the Securities and Exchange Commission, briefs Congress on what the regulator has discovered in this video from MSNBC.
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The SEC and market participants are still trying to sort out what exactly happened during a 20-minute period on May 6 that saw the markets swing wildly in both directions. Mary Shapiro, chair of the Securities and Exchange Commission, briefs Congress on what the regulator has discovered in this video from MSNBC. Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio