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Video: Liquidnet CEO on the SEC's Reactions to the Flash Crash

Liquidnet CEO Seth Merrin, who testified before the Securities and Exchange Commission regarding circuit breakers after the "flash crash," said in a recent Forbes.com interview that he "is impressed with the regulator's performance amidst the market's upheaval."  In the video available below (note: includes commercial advertisements), Merrin discusses the May 6 "Flash Crash," and the SEC's response of proposing circuit breakers, saying: "I think that what they've done is they've actually taken a step back and done a lot of really good homework. And the regulations that they're putting in place, I think, are very sound and very well thought out."

 

 

The interview is also available on Forbes.com at:  http://video.forbes.com/fvn/markets/liquidnet-ceo-on-circuit-breakers