Algorithmic trading and regulation

 CFTC meets in Washington to oversee algorithmic trading. They expressed, that it is impossible to control this type of trading without having access to the intellectual property of the algorithm.
That's why, most likely to legislate rules for exchanges, где биржа обязана будет тестировать алгоритм Trading и HFT до того как разрешить его использование. Also , trading companies should be able to completely disable algo trading,  including the kill button, which simultaneously removes all placed orders and does not give new orders.