OK, maybe that's a bit overstated ... they're asking the public to tell HFTs to shove it:
- China Securities Regulator Commission is seeking public opinion on limiting the use of automated trading programs in the stock market
- CSRC says automated trading systems could fuel market volatility and affect fairness
- Plans to tighten access and also to review the mechanisms behind automated trading systems
- Would authorize stock exchanges to levy extra charges on such automated systems
Report in the China Securities Journal, via MNI