Concerns are being raised about the potential for insider trading involving high-speed traders who make investments based on market- moving data. Recently New York Attorney General, Eric Schneiderman called on federal officials to take steps to prevent such insider trading, or what he calls “insider trading 2.0.”
The concerns over high-frequency traders, who have access to soon-to-be released market-specific sensitive information, have been around for a while now, but it has been rare to see public officials voice these concerns. According…