SEC Does Blame a Kansas Firm of Causing the Flash Crash

to the collective belly-laugh in the financial blogsphere and stock message boards.

Move on, nothing to see here, and those HTF algo bots are innocent.

(Who do they think they are kidding? Oh I see, themselves.)

Here's the SEC's report (the SEC staff managed to concoct a 100-page report in between porn viewing), and here's the initial take by Zero Hedge.

(The SEC would dare not point fingers at New York, Wall Street firms, would they?)

The stock of that Kansas firm in question, Waddell & Reed, is trading at $27.45 right now, up 9 cents for the day.

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