Reread pages 38 to 39, High Frequency Trading, and watch at least one of the following videos:

• Original "60 Minutes" section on HFT uploaded June 5, 2011 (has pros and cons):
• https://www.youtube.com/watch?v=qptyG7_aums(Links to an external site.)
• Interview with Michael Lewis about his new book "Flash Boys" from "60 Minutes" on March 30, 2014:
• http://www.cbsnews.com/news/is-the-us-stock-market-rigged/(Links to an external site.)
• Short video about the "60 Minutes" interview with Michael Lewis shown on CBS Morning Show on March 31, 2014:
• http://www.cbsnews.com/videos/60-minutes-investigates-high-frequency-trading/(Links to an external site.)

Discussion Questions

• How does HFT affect the market?
• Is HFT illegal? Unethical?
• Do you believe that the stock market is efficient?
• How do you feel about investing in the stock market now?