control or remove

http://www.nytimes.com/2010/05/08/opinion/08durbin.html

I don't agree with the all the comments in this artical, but certainly a full discussion is already overdue and Algorithmic Trading should be totaly banned until regulations are in place
When a Company is formed it is a entity in itself as if a new person, it has rights and responsibilities that must be adhered to to operate
In the case of Algorithmic Trading we have an entity which is independant and outside anyones control acting without human control (due mainly to speed & quantity) buying and selling and in effect controlling the market without any worthwhile controls or laws.
The concept of insider trading is that a person! has information that they act on which the "normal" public does not have available.
Due to the way they operate Algorithmic Trading has this information and uses it, it does not fit the original view of insider trading but we have moved on since then and the laws have to be brought up to date for this computer age.
Unless stopped or strictly controlled Algorithmic Trading has the capacity to finish the share market as we know it and certainly IMO stop our ability to trade as we do now. The possibliity of a major disaster is very high due to the speed & quantity that is being traded which even if you say the likelyhood is only 1/2 a percent still makes it too dangerous to allow Algorithmic Trading to continue in it's present form