You are here

Dark pools to face SEC plan seeking more light on how they operate

The plan comes on the heels of several enforcement cases in which the SEC accused dark pool operators of misleading investors

BT_20151119_CPPOOL19_1983186.jpg
It remains to be seen how much new information dark pool operators will be required to provide, but the SEC is not expected to propose that the venues start publicly displaying every price quote they receive, as stock exchanges do.

Washington

DARK pools are about to be put on notice - time to go from black box to open book.

The US Securities and Exchange Commission is scheduled to vote on Wednesday on a proposal that would pull back the curtain on the private venues, which have faced complaints that they

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom