Trading

I believe we now owe it to market participants, investors, and ordinary consumers to ensure that a reasonable level of regulation exists over this ...

There is strong reason for concern about maintaining the confidentiality of this source code. As we all know, the federal government has a poor track ...

The Commission is proposing to amend Regulation ATS to adopt Form ATS-N. Proposed Form ATS-N would require NMS Stock ATSs to provide information about the ...

SEC Commissioners moved this week to amend Regulation ATS to require dark pools to report data. They approved a proposed rule that would bring greater ...

First, ATSs transacting in NMS stocks would be required to publicly disclose information relating to the activities of its broker-dealer operator and the operator’s affiliates. ...

A common thread running through the enforcement actions against dark pools is that market participants lack crucial information about how these ATSs function—and about the ...

I will simply underscore that this rulemaking holds the promise of making ATS operations more transparent to both the Commission and the public, and thus ...

While disclosure is absolutely a positive step forward, the question I am left pondering today is whether we have done enough. For example, does the ...

The Commission is: (1) conditionally exempting equity options market participants from the self-identification requirements of the Rule if they have not met or exceeded the ...

The SEC’s complaint alleges that Catapano and Piervinanzi engaged in an undisclosed kickback arrangement with an individual who claimed to represent a group of registered ...