Mary Schapiro on Flash Crash
Airtime: Thurs. May 20 2010 | 9:40 AM ET
SEC Chairman Mary Schapiro offers her opening statement on the events that led up to the “Flash Crash” earlier this month.
Airtime: Thurs. May 20 2010 | 9:40 AM ET
SEC Chairman Mary Schapiro offers her opening statement on the events that led up to the “Flash Crash” earlier this month.
The major averages ended lower in November after encountering resistance near their April 2010 highs. Furthermore, the 12 week rally which was confirmed on the September 1, 2010 follow-through day (FTD) ended on Tuesday, November 16, 2010. This corresponded with a steep rally in the US dollar and a fresh round of European debt woes.
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