“We can prevent unfair advantage, and we can avoid the destabilizing effect that high frequency trading can have.”

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Meaning

The speaker is arguing that rules can stop some traders from gaining an unfair edge and can reduce the market disruption that rapid trading may cause. The quote presents regulation as a way to keep trading fairer and more stable.

When It Was Said

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Who It Was Said To

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Historical Context

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Source

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Original Language & Translation

Originally said in English.

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About Eric Schneiderman

American lawyer and politician

Eric Schneiderman is an American lawyer and politician. He served as the 65th attorney general of New York from 2011 until 2018, after ten years in the New York State Senate. A Democrat, he was elected attorney general after his time in the state senate. He resigned in May 2018 after allegations of physical abuse were reported, and in 2021 his law license was suspended for a year following a disciplinary proceeding in which he admitted to the conduct.

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