April 1, 2014
The Wall Street Journal reports the Federal Bureau of Investigation opened an investigation into high frequency trading on Wall Street about a year ago. “Trading ahead of other investors based on information about orders that other investors can’t see could violate insider-trading laws,” an FBI spokesperson explained to the Journal. The FBI joins investigations into high-frequency trading by the Securities and Exchange Commission and the New York Attorney General’s office. CBS News and various others have confirmed the existence of the FBI’s investigation.