Flash Crash At 5: The Good, The Bad & The Ugly

Law360 | May 6, 2015

Law360 discusses how regulators took action in the aftermath of the May 6, 2010 flash crash. Regarding the plan to build a Consolidated Audit Trail (CAT), which will give regulators an unprecedented view of market activity, Scott Kimpel tells Law360, “[t]he SEC has been able to investigate this with its existing systems.” Kimpel is a partner in the Washington office and previously served as counsel to former US Securities and Exchange Commissioner Troy A. Paredes.