In response to numerous technology driven disasters on Wall Street (Knight Capital, Facebook IPO, Flash Crash, etc.), securities regulators will attend a round-table meeting to discuss solutions to promote market stability.

The Securities and Exchange Commission’s September 14 meeting will invite outside professionals to share their thoughts on needed controls, policies and procedures to battle new, growing and challenging technology threats.

 Our prediction of the meeting: lots of talk about how we need to reign in evil technology, heads nodding, chins being stroked in contemplative thought, huremphing, technology guys blaming the business people, business guys blaming the regulators, the regulators complaining that they don’t have enough money to do their jobs and nothing happens.  

Source: Reuters