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High-Speed Trading 'Kill' Switch Coming

Tuesday, 18 Dec 2012 | 4:29 PM ET

Lawmakers on the Senate banking committee were told a "kill switch" proposal is coming in early 2013 from exchanges in response to recent high profile technology errors, reports CNBC's Hampton Pearson; and Seth Merrin, Liquidnet founder and CEO, and Ken Langone, Invemed Associates, provide perspective.