SEC chief takes aim at predatory traders in ‘dark pools’ | New York Post

Securities and Exchange Chairwoman Mary Jo White wants to hunt down sharks in lightly regulated “dark pools,” where predatory traders are known to lurk.

White proposed a new rule on Wednesday that would require high-frequency trading firms to register with the Financial Industry Regulatory Authority, a broker watchdog, and submit a daily paper trail on their trading activities.

via SEC chief takes aim at predatory traders in ‘dark pools’ | New York Post