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System isn't 'rigged' - Bloomberg defends HFT

Michael Lewis - Flash Boys

Michael Bloomberg, whose business empire brought transparency to the market, has nothing against high-frequency trading and black pools, telling CNBC's " Squawk Box " "the system isn't rigged."

Mizuho in talks to invest in several Asian banks

Pile Of Coins

The core unit of Mizuho Financial Group is talking to several Asian banks about investing in their operations, a top executive said, but the lender is unlikely to make the sort of flashy deals like those done recently by its rivals.

SEC smacks NYSE for violating trading rules

Sec Building

The New York Stock Exchange and several affiliates will pay a $4.5 million penalty to settle civil charges over what the SEC says were repeated failures to comply with exchange rules and federal laws.