Investors rely on the government to keep up with Wall Street’s rapid-fire traders, but in an acknowledgment that the Securities and Exchange Commission has fallen behind the firms it regulates, the agency is turning to one of those high-frequency traders for help, the New York Times reported today. Tradeworx, a 45-person firm based in New Jersey, will dispatch its experts to Washington, D.C., this month to tutor regulators on a sophisticated computer program that will give the SEC its first real-time window into the stock market — something firms like Tradeworx have had for years. The SEC program, designed by Tradeworx, is set to go into operation at the end of this year.
