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Browse: Home / 2011 / November / 16 / SEC Needs Resources to Police Algorithmic Trading, Khuzami Says

SEC Needs Resources to Police Algorithmic Trading, Khuzami Says

By Securities Docket on November 16, 2011, 4:11 pm

U.S. Securities and Exchange Commission investigators need additional tools to adequately police market advances such as high-frequency and algorithmic trading, the agency’s enforcement chief told lawmakers today….The comments by Khuzami, a former Deutsche Bank AG general counsel who joined the SEC in 2009, reflect the agency’s calls for additional funding to take on expanded oversight imposed by the Dodd-Frank Act as well as shortcomings exposed by the May 2010 stock market crash.

Read more: SEC Needs Resources to Police Algorithmic Trading, Khuzami Says — Bloomberg News

Posted in SEC, Top | Tagged Investigations

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