Add Flash-Crash Rule to SEC Non-Action File

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(TheStreet) -- Today in synchronicity: If you read the financial news with a microscope, you might have noticed that the Securities and Exchange Commission decided to do something that it likes to do, which is to delay taking action on something. That something has to do with the most jarring non-event in recent financial history, the flash crash of May 2010. Meanwhile, President Obama held a $35,800-a-head dinner with Wall Street fat cats at a French restaurant in New York.
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