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'More Hair-Triggered’ Kill Switches Needed, Ketchum Says

Traders Magazine Online News, September 20, 2012

Tom Steinert-Threlkeld

The chief executive officer of FINRA, Richard Ketchum, said ''kill switches have to be far more hair-triggered than they have been in the past,’’ in light of the Knight Capital flood of erroneous orders that lasted for more than a half hour.

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