Black Monday vs. the Flash Crash and the SEC’s Response
September 23, 2015 at 10:09 AM EDT
Because Black Monday happened so recently, there have been no firm rulings by the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) yet. However, we can use the events and eventual regulations which came from a similar event in the markets, the Flash Crash of 2010, to guess at what is coming next. First, let’s break down the two events.
