FINRA Considering Rule to Require More Dark Pool Data Disclosure

FINRA is considering new rules to shine light on dark trading after the largest U.S. dark pool operator stopped sharing data on its trades.

FINRA is considering new rules to shine light on dark trading.

A Wall Street regulator is considering new rules to shine light on dark trading after the largest U.S. dark pool operator stopped sharing data on the volume of its trades.

The Financial Industry Regulatory Authority, the private-sector regulator of U.S. brokerages, may ask brokers to distinguish trades that occur in dark pools from ones that don’t, Finra chief executive officer Richard G. Ketchum told reporters today. Doing so would enable Finra to publish figures for how much trading occurs in every dark pool.

Read more

About these ads
This entry was posted in Dark Pools, Regulatory Updates, SEC, Wall Street and tagged , , , , , , , , , , , . Bookmark the permalink.

One Response to FINRA Considering Rule to Require More Dark Pool Data Disclosure

  1. Pingback: FINRA Considering Rule to Require More Dark Pool Data Disclosure

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s