Monday, May 13, 2013

High-Speed Traders’ Campaign Contributions Shot Up 673 Percent From 2008 to 2012

High-Speed Traders’ Campaign Contributions Shot Up 673 Percent From 2008 to 2012: Campaign contributions by high-frequency trading firms have skyrocketed 673 percent since 2008, according to a new report focusing on 48 companies. These traders contributed $16.1 million during the 2012 election cycle, up from just $2.1 million in 2008. That’s not including the 93 percent spike in funds spent on lobbying Congress, the Securities and Exchange [...]/p