Commentary

Jared Dillian
Traders Magazine Online News

The Liquidity Problem

Maudlin Economics Jared Dillian examines stock market liquidity.

Traders Poll

Is Blockchain diverting technology spend from other important technology initiatives?



Free Site Registration

January 1, 2002

Stop the Spoofing'

By Gregory Bresiger

Spoofers beware. The regulators are going to be looking into this shady practice over the next few months.

The Securities and Exchange Commission is starting to clamp down on spoofing, which is described by regulators as placing a Nasdaq order and then withdrawing the order after it has succeeded in changing the price.

The SEC recently fined several individuals for spoofing. SEC officials said they are going after the violators. They warn that spoofing often takes the form of "defrauding" market makers [see Washington Opinion].