Category Archives: Main Page

Time to curb the counterproductive mis-incentives of share buybacks (again)

In 1982 the U.S. Securities and Exchange Commission (financial firm controlled) used Rule 10b-18 to legalize large-scale buybacks so long as they did not exceed 25% of a company’s average daily trading volume over the previous four weeks. Previously the … Continue reading →

Posted in Main Page | Comments Off on Time to curb the counterproductive mis-incentives of share buybacks (again)

US Supreme Court allows larger individual political contributions

Last week, the US Supreme Court struck down restrictions on how much individual donors can contribute to candidates, political parties and political action committees. The Court voted along its party lines, with a 5(Republican)-4 (Democrat) finding that aggregate limits for … Continue reading →

Posted in Main Page | Comments Off on US Supreme Court allows larger individual political contributions

Cloaked in speed

The following chart offers some perspective on the time increments in which High Frequency Traders armed with advance order info purchased from the brokers and preferential proximity and access from the exchanges, are able to scalp billions from unwitting market … Continue reading →

Posted in Main Page | Comments Off on Cloaked in speed