October 3, 2022

SEC Report Identifies the Cause of May’s Market ‘Flash Crash’

The massive “flash crash” that caused a brief panic on Wall Street on May 6th has been explained. Although initial speculation was that the short-lived 1,000 point plunge in the Dow was the result of a bumbling trader, federal regulators have found that it was the result of an enormous sell-off. A mutual fund, using […]