About the Program
Join the Robert Zicklin Center for Corporate Integrity for a panel
discussion focused on the practice of selling early access to market
OPEN TO THE PUBLIC
Most experts agree that the integrity of the securities markets
depends on the ability of all investors to have easy – and equal –
access to information that might influence the value of a stock. Indeed,
much of the work of the SEC and other government agencies is dedicated
to ensuring a fair playing field for all. Nonetheless, in the
competitive world of Wall Street, investors are constantly trying to
gain an advantage by getting access to data before others have a chance
to see it. In the increasingly high-speed world of modern trading, even
an advantage of a few milli-seconds can translate into huge profits for a
One such method of gaining early access to market moving information
was recently brought to light by New York State Attorney General
Schneiderman. He called for an investigation into the practice of
groups including Thomson Reuters of releasing vital data to certain
favored clients moments before making it available more generally.
Schneiderman has said that the “two second advantage is more than enough
time for [high speed] traders to take unfair advantage of their early
access to this information as they execute enormous volumes of trades in
the blink of an eye.” (CNNMoney, July 8, 2013). Others contend however
that the practice is no different from many fee-driven services by
research groups that produce reports and provide analysis for their
exclusive clients. On October 8th, hear straight from the experts as
they weigh-in on the topic.
MELVIN BROSTERMAN, Partner, Strook
MARCEL BUCSESCU, Manager, Governance Center, The Conference Board
*Additional panelists to be announced. Participants subject to change without notice.
LOCATION: Newman Library 151 East 25th St., 7th Floor, Room 750 (between
Lexington and 3rd Ave.) Program will be followed by a networking reception.
Learn more at http://zicklin.baruch.cuny.edu/centers/zcci/.
6:00 pm - Registration
6:15 pm - Panel
8:00 pm - Networking
Complimentary pre-registration is required to attend this program. Register online, by phone or e-mail:
- Complete and submit the online registration form
- Call us at 646-312-3231
or E-mail us at email@example.com