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HFTs turn the tables on regulators

High frequency trading firms, subject to increasing demands by regulators, are now aiming to advise the watchdogs

A trade body for high frequency trading firms released new guidelines this week, as part of a broader effort to better inform policy-makers and the industry at large.

The rules, released by the Futures Industry Association, reflect the increasing efforts being made by high-frequency trading companies to be more public about how they operate and to "educate regulators" as they face more regulation.

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