Wall St whistleblower launches fusillade at NYSE

NYSE Wall Street

Whistleblower Haim Bodek now wants to cut the Big Board down to size — and he has a fighting chance with regulators in his corner, say Wall Street veterans.

The New York Post reports that the former Goldman Sachs and UBS trader-turned-high-profile-mole last week launched a fusillade at the already battered New York Stock Exchange, saying the exchange’s latest gamble on high-speed reforms should be stopped.

Bodek last went this ballistic back in 2011, when he went directly to the Securities and Exchange Commission to accuse exchanges of giving turbo-charged electronic traders an unfair edge over the little guy.

Bodek, 43, of Stamford, Conn., had run a high-speed-trading firm after his Goldman and UBS gigs. The SEC is said to be quietly probing his charges, but declined to comment.

Hit the link below to access the complete New York Post article:

New whistleblower joust over high-speed trades

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