June 11, 2010
High frequency trading drives market volatility and erodes the publics confidence in the legitimacy of the stock market. This style of trading is unavailable to the common equity investor and therefore continues the perceived divide of us vs. them. Many investors that I speak with are nervous and removing money from the markets on any rally. The banning of high frequency trading would help to ensure that there is a level playing field for all investors, limit volatility in the equity market, and may encourage investors to reinvest.
Please make the banning of high frequency trading a top priority.