Clinton's Wall Street reform plan has tax on high-frequency trading

[Yahoo! News]

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By Amanda Becker WASHINGTON (Reuters) - U.S. Democratic presidential candidate Hillary Clinton will propose a tax on high-frequency trading, her campaign said late Wednesday. The tax would target securities transactions with excessive levels of order cancellations, which destabilize the markets, a campaign aide said. "The growth of high-frequency trading has unnecessarily burdened our markets and enabled unfair and abusive trading strategies," the aide said.

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