How the SEC Helps Speedy Traders
Jackson, Robert J. and Mitts, Joshua, How the SEC Helps Speedy Traders (November 6, 2014). Available for download at at SSRN: http://ssrn.com/abstract=2520105 or http://dx.doi.org/10.2139/ssrn.2520105 “We show that the Securities and Exchange Commission’s system for disseminating market-moving information in securities filings gives some investors an advantage over others. We describe two systems — the SEC’s file …