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Class Eighteen: October 23, 2014
In today’s class, we will then focus on the E.F. Hutton ruling (pages 783-91of Chapter Eleven) and materials on payment for order flow (pages 795-809 of Chapter Eleven), as well as the Newton v. Merrill decision. We will then take up high speed trading, using a December 2013 research memorandum on the topic as a spring-board for class discussions. If time permits, we may also touch upon the December 2013 research memorandum on Libor anti-trust investigations.
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