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Public, Market Moving Data From the Fed Given Early to Private Investors (nanex.net)
1 point by mcphilip on Sept 19, 2013 | hide | past | favorite | 1 comment


This link contains evidence that the Fed's FOMC statement released yesterday that pushed the markets significantly higher was available at speeds faster than the speed of light to some investors, implying that certain data providers had early access to the FOMC statement.

The scandal is over why private investors should have early access to publicly (i.e. taxpayer) funded data.




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