# Prof. Joel Hasbrouck on the role of high-frequency trading in the 2010 Flash Crash

1 Faculty News May 6, 2014 ![CNNMoney logo](/sites/default/files/styles/246w/public/assets/images/con_030743.jpg?itok=5lrpsukl)>

Excerpt from [CNNMoney](http://money.cnn.com/2014/05/06/investing/flash-crash-anniversary/) -- "'High-frequency traders on May 6 accelerated the decline, while a specialist would have been prohibited from doing so,' said [Joel Hasbrouck](http://www.stern.nyu.edu/faculty/bio/joel-hasbrouck), a professor at New York University."
[
Read more](http://money.cnn.com/2014/05/06/investing/flash-crash-anniversary/)