Trading

SEC chair Mary Jo White has said the Commission is looking to finalize this year its first-ever major update to its regulations covering alternative trading ...

The CAT is finally out of the bag. Nearly four years in the making, the SEC voted April 27 to publish for public comment a ...

The consolidated audit trail will greatly strengthen our ongoing efforts – through regulation, examination, and enforcement – to ensure that the U.S. equity markets remain ...

It is important because if the various reporting entities have clocks that are up to 50 milliseconds off, it means that the time stamp on ...

Then-Chairman Schapiro described the CAT as a “great leap forward.”[1] She was, and is, absolutely right. But our “great leap forward” is not ...

Message received. The morning of the SEC’s Compliance Outreach Program April 19 officials counted cherry-picking among current exam/enforcement focus areas. That same afternoon the Commission ...

By knowingly or recklessly allocating profitable trades to certain clients at the expense of other clients and by making false and misleading statements to clients ...

Hartshorn disproportionately allocated profitable trades to proprietary accounts and unprofitable trades to client accounts. Hartshorn purchased securities for both proprietary and client accounts through an ...

FINRA and the SEC continue to hammer at problematic conduct they have seen stemming from algorithmic trading strategies. On April 7, the Commission approved a ...

The Commission's complaint alleges that over the course of approximately five years, Bassily took steps to conceal from transition management customers the routine practice of ...