Title is a little misleading. The article is seeking to refute a letter from Citadel opposing the establishment of IEX (&#x27;Flash Boys&#x27; exchange) on the grounds that it is not as efficient for the smaller retail investor. Article explains how 1) many of the retirement funds and institutional investors do actually represent the little guy 2) why exchanges that encourage HFT are costing all of us with retirement funds lots of extra dollars.<p>I for one would like to see traders compete something other than speed and hope to see the IEX up and approved as an exchange sooner rather than later.