Violation: Prop Feeds #1 and #2 sent data to proprietary customers before NYSE sent data to the public feed.
- Prop Feed #1 had a faster path because it bypassed an internal distribution system.
- Prop Feed #2 received data independently from a translation layer and therefore was not affected by a software issue.
- The translation layer that sent data to the public feed had a software issue that caused delays.
In his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is "fractured and possibly in the process of breaking completely." Q1 2021 hedge fund letters, conferences and more Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed Read More