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Can SEC's Consolidated Audit Trail Survive Post-Chevron?

By Daniel Hawke ( October 11, 2024, 4:43 PM EDT) -- At 2:40 p.m. on May 6, 2010, the "flash crash" occurred. Within minutes, the Dow Jones Industrial Average plummeted almost 9%, causing some securities to trade at pennies on the dollar and triggering losses of over $1 trillion before rebounding. The flash crash was the largest and fastest market decline in U.S. history, shaking investor and public confidence and putting pressure on regulators to determine and explain what happened....

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