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Message: NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary

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NYSE Halts Transparency, Feels Goldman Program Trading Disclosure Is Unnecessary

posted on Jun 30, 09 03:12PM

Basically this is the beginning of the end of unmodified data transparency. Going forward the NYSE will provide whatever data it feels comfortable, after sufficient internal "audits," and media outlets such as Zero Hedge, which had presented its millions of readers the only data point about Goldman's complete encroachment of not only NYSE but Program Trading, will be henceforth unreliable and likely will present no useful information at all.

This is a travesty, as well as a complete obliteration and a mockery of the move for transparency that the Administration, Regulators and Exchanges have been posturing they support.

http://www.zerohedge.com/node/11769

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