The SEC approved four separate, but interrelated, proposals that affect equity market structure
Compliance lapse led Barclays Capital to overstate its advertised trading volume in thousands of instances and by 147 million shares
"I think investors should have easy access to information that details just how good of a job their brokers are doing. Thus, today’s proposal would ...
"If adopted, it would help ensure that brokers have policies and procedures in place to uphold one of their most important obligations: to seek best ...
Amendments are aimed at more timelier reporting and the enhancement of the regulatory audit trails for U.S. Treasury securities
"The proposed rule provides a handy checklist for SEC examiners and enforcement attorneys, but it does not foster brokers’ exercise of judgment to achieve what ...
"Redundant regulation will increase costs without corresponding benefits to investors"
"The Commission’s analysis about the forgone price improvement, the so-called 'competitive shortfall,' ignores the fact that the current market is not static"
"The proposing release acknowledges that wholesalers do generally provide some price improvement relative to national securities exchanges. So what is the need for the proposed rule, ...
"The proposal would implement a modernized, more-flexible definition for round lots"