IEX Group Inc. is poised to win regulatory approval to launch a stock exchange that slows the pace of trading, according to people familiar with the matter, following a decade when government rules and Wall Street’s technology wizards fostered ever-greater speed.
The staff of the Securities and Exchange Commission has recommended that the agency approve IEX’s controversial bid, signaling likely endorsement when commissioners vote Friday.
‘Enforcement 40’ for 2020
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