Tag: Dark pools

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…

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Dark Pools Face More Enforcement Actions, SEC Lawyer Says – Bloomberg

The SEC is investigating special order types, how brokers route trades and payments they receive for sending customer orders to wholesale market makers, Daniel M. Hawke, chief of the SEC’s market abuse unit, said today at a conference in Washington. Regulators have said those arrangements create conflicts of interest for brokers. via Dark Pools Face More Enforcement Actions, SEC Lawyer…

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