By putting the liability on the brokerage house it will force them to be more selective about the clients they take on. All users of a brokers high frequency platform are vetted before they are brought on board, and continuously monitored to make sure they are in compliance with all regulations. If a broker is breaching the rules because of an end user, they will change the way that end user trades, or drop them from the platform.
Techdirt has not posted any stories submitted by jim aldworth.
By putting the liability on the brokerage house it will force them to be more selective about the clients they take on. All users of a brokers high frequency platform are vetted before they are brought on board, and continuously monitored to make sure they are in compliance with all regulations. If a broker is breaching the rules because of an end user, they will change the way that end user trades, or drop them from the platform.