New York Attorney General Eric Schneiderman, long seen as a secondary force in policing Wall Street banks, is taking the lead in what may be the most ambitious case of his career: accusing Barclays Plc (BARC.L) of favoring its high-frequency trading clients. By making a case against the bank, Schneiderman has seized a lead role in a contentious dispute about whether high-frequency traders have turned the stock market into a rigged game that hurts regular investors. The case against Barclays could lead to investigations into other Wall Street banks and define Schneiderman's career as an attorney general, lawyers say. Barclays spokesman Mark Lane declined to comment on Friday.
via Business News - Yahoo Finance http://ift.tt/1movJlW
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