Donations, lobbying by high-speed traders on the rise: report
▻http://www.reuters.com/article/2013/05/13/us-campaign-highspeedtrading-idUSBRE94C0RG20130513
.Perhaps what is more surprising is that the largest single recipient of donations from high-speed trading is Illinois Republican Senator Mark Kirk.
While Kirk does hail from a state that is home to the CME Group and sits on the Senate Banking Committee in charge of overseeing the issue, he has publicly said very little if anything on the topic of high-speed trading compared with some of his other Senate colleagues.
By contrast, the lawmaker who has received the second-largest chunk of change from high-speed trading firms - New York Democratic Senator Charles Schumer - has been very vocal.
On several different occasions, Schumer has pushed for more regulation of high-speed firms, including a proposal that would force them to take on “market maker” obligations so they could not pull out of markets during a crisis the way they did in the flash crash.