Tuesday, April 8, 2014

Will flash trades now lead to a financial transaction tax?

Peter Schroeder
The Hill
April 7, 2014

Renowned author Michael Lewis’s charge that the stock market is rigged against regular investors is making waves in Washington.

Liberal lawmakers in particular believe Lewis is bringing critical attention to an issue that could boost their efforts to assign a tax on all financial transactions.

Rep. Keith Ellison (D-Minn.) joined with civil rights advocates Friday to hold a rally pushing his financial transaction tax bill.

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