U.S. SEC probes mysterious market crash

20:28, May 21, 2010      

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Frustrated US lawmakers are pressing stock regulators to move faster in pinpointing the cause of the mysterious May 6th market crash. But two weeks of investigations have produced few answers.

A Senate Banking Subcommittee hearing took place on Thursday, when major US stock indexes closed down nearly 4 percent.

But that decline was fairly pedestrian, compared to the swoon two weeks ago, which saw the Dow Jones Industrial Average briefly drop nearly 10 percent. Regulators and exchange executives had little new information to offer lawmakers. No evidence, so far, points to an erroneous "fat finger trade," computer hackers, or terrorist activity.

Source: cntv.com

(Editor:祁澍文)

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