let's ask a veteran trader from the nyse, teddy weisberg, founder of seaports securities. thank you for joining us. >> my pleasure. gerri: you say that high-frequency all comes out of -- >> i me, this is on market structure that was created by congress and the sec. gerri: by regulators. >> by regulators. yet now we are asking regulators to fix the markets that they created. highly unlikely that will happen because i would be willing to bet almost anyone that the day of regulators admit the mistake and wants to have to do over will probably not happen, at least in my lifetime. gerri: are mine either. let's talk about how it can be fixed. >> you know, sandy wile in his infinite wisdom recently said to me you know, perhaps, just perhaps we made a mistake when we make bless the goal weight. clearly he was one of the orchestras of making it all wake back in the late 90's. i think two of the things that the government can do that would solve the problem immediately overnight if would be, number one, to reinstitute the rule which basically means that to sell short you must sell s