Wall Street Front Running

Question: Does Wall Street front running with high-speed computers differ from the familiar delayed-broadcast horse race fraud? Or, the famous Breeder's Cup fraud, for that matter?

Answer: Yes, of course. If you do it at the race track, you'll go to jail. If Wall Street does it with computers, the brokers will get rich while you get screwed:

[I]nvesting, trading and speculating is doomed to have the same outcome for the majority of market participants as playing roulette with 35 instances of 00, a much lower fun coefficient and no ability to be comped for your room in light of significant trading losses.