# Prof. Michael Spence's views on high-frequency trading are highlighted

1 Faculty News March 12, 2014 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://www.cnbc.com/id/101485437) -- "One noted economist, [Michael Spence](http://www.stern.nyu.edu/faculty/bio/a-michael-spence), has argued high-frequency trading should be banned. And regulators have periodically expressed qualms about the practice and its effect on markets, particularly regarding the Flash Crash."

[Read more](http://www.cnbc.com/id/101485437)