The news was greeted with enthusiasm by some industry traders who say they would rather have an experienced regulator address the matter than state attorney general offices that don’t specialize in financial matters.
Estimated reading time: 0 minutes, 19 seconds
The Securities and Exchange Commission has disclosed its plans to increase oversight of high frequency trading and secretary trading programs called dark pools. So reports Bloomberg.
The news was greeted with enthusiasm by some industry traders who say they would rather have an experienced regulator address the matter than state attorney general offices that don’t specialize in financial matters.