Daniel Hawke, chief of the market abuse unit at the SEC, told the Securities Enforcement Forum at the Four Seasons Hotel the agency is taking a trader-based approach to surveillance.
“The way is to turn the approach upside down in a way that would reveal relationships,” Hawke said, adding that they look at the relationships and investments of traders. He said new database software has helped the agency find connections between people.
‘Enforcement 40’ for 2020
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