Martin O'Malley

Martin O'Malley's policies onGovernment

Implement a financial transaction tax to limit high-frequency trading

High-frequency trading creates volatility and unnecessary risk in financial markets, while serving no productive purpose in the real economy. A small tax should be applied to each sale and purchase of a financial instrument to limit this activity—one that would be nearly imperceptible to longer-term investors, but could dramatically cut down on highrisk, speculative activity on Wall Street.

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