CNBC.com News Now: SEC's Schapiro - Ban on Flash Trading Will Take Time

Click here to view today's top stories on your mobile device. Wednesday, Aug. 05, 2009     DOW 9280.97 -39.22 -0.42   NASDAQ 1993.05 -18.26 -0.91%   S&P 1002.72 -2.93 -0.29%     NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV SIGN IN     WHAT YOU SHOULD KNOW Stocks End Lower; S&P Holds Above 1,000 Stocks ended lower Wednesday, despite a late attempt at a recovery, as disappointing readings on the service sector and employment situation, as well as a cautious outlook from Dow component P&G, fueled concerns about the economic recovery... »read more Cisco Earnings Fall but Beat Expectations; Shares Rise Cisco Systems reported a steep decline in its quarterly profit Wednesday, but the results topped analysts' forecasts, boosting its shares in late trading... »read more SEC's Schapiro: Ban on Flash Trading Will Take Time A regulatory ban on so-called flash trading, which gives some big brokerage firms a split-second advantage in buying and selling stocks, will take time to implement, Securities and Exchange Commission Chairman Mary Schapiro told CNBC... »read more CONNECT WITH CNBC Join CNBC's official online communities today! Get today's business news headlines, guest alerts, top videos and see what other CNBC'rs are Squawking about. »Become a CNBC fan on Facebook »Follow CNBC on Twitter TODAY'S TOP 5 VIDEOS 1. SEC's Schapiro on Regulation   SEC chairman Mary Schapiro discusses the agency's plans for flash trading and regulation. 2. CFTC's Gensler & Commodities Position Limits  The CFTC Chairman Gary Gensler discusses his feelings about putting position limits on finite commodities, like oil, with CNBC's Bill Griffeth. 3. Obama In Indiana   President Obama speaks at an RV plant in Indiana on the state of the U.S. economy and what can be done to restore the U.S. position in manufacturing around the world. 4. Toyota's Lentz: Cars & Clunkers   Toyota says it will build an affordable sports car that will be available in the next couple of years. Jim Lentz, president of Toyota U.S.A., discusses this and more with CNBC's Phil LeBeau. 5. Stop Trading, Listen to Cramer!   Mad Money host Jim Cramer shares advice on the markets       TODAY'S TOP BLOG   Twitter Takes A Hit If someone were to value Twitter for its sports application alone, yesterday was the single most damaging day for the brand. »See All CNBC.com Blogs

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