# Prof. Robert Engle on the case against accused "flash crash" trader Navinder Singh Sarao

1 Faculty News April 23, 2015 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters](http://www.reuters.com/article/2015/04/23/us-flashcrash-trader-cme-analysis-idUSKBN0NE00P20150423) -- "'This will raise concerns about the stability of financial markets,' said [Robert Engle](http://www.stern.nyu.edu/faculty/bio/robert-engle), finance professor at New York University's Stern School of Business. 'That this trader could put the markets in a tailspin with actions that are hard to detect is bad news.'"

[Read more](http://www.reuters.com/article/2015/04/23/us-flashcrash-trader-cme-analysis-idUSKBN0NE00P20150423)

Additional coverage appeared on [Business Insider](http://www.businessinsider.com/r-delayed-flash-crash-arrest-may-herald-future-spoofing-detection-woes-2015-4), [Daily Mail](http://www.dailymail.co.uk/wires/reuters/article-3051493/Delayed-flash-crash-arrest-herald-future-spoofing-detection-woes.html), [Independent.ie](http://www.independent.ie/business/world/newsmaker-navinder-singh-sarao-31173449.html), [The New York Times](http://www.nytimes.com/reuters/2015/04/23/business/23reuters-flashcrash-trader-cme-analysis.html?_r=0) and [Reuters](http://www.reuters.com/article/2015/04/22/us-flashcrash-trader-idUSKBN0ND17220150422).