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I would think that is is easier to prove intent in HFT (with the appropriate court orders). The source code should make it clear what the intent was.
by gizmo686 12y ago
I would think that is is easier to prove intent in HFT (with the appropriate court orders). The source code should make it clear what the intent was.
- kasey_junk 12y agoWhy? Very rarely will you see something that like: //spoofing logic goes here. It is usually expressed in a variety of algorithms in a variety of places. Further, even getting the code is very far down the path of legal proceedings and having the expertise to suss out intent is outside of the skill set of most regulators. Looking through emails/requirements materials and/or having an informant is much more in their skill set.