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