The SEC has voted to propose new operational-transparency and regulatory-oversight rules for alternative trading systems that trade stocks listed on a national securities exchange (NMS stocks), including “dark pools.” So-called dark pools of liquidity, on private exchanges not available to the general public, have not — at least until now — been transparent, by definition…. Read More >>
FINRA Cracks Down on Deutsche Bank Securities, Scottrade
While alleged acts of fraud by Wall Street firms have gotten the spotlight this year, financial services regulator, the Financial Industry Regulatory Authority (FINRA), is making the point with some firms that they need to maintain high standards for regulatory reporting and for keeping their books and records as specified by industry watchdogs. Most recently,… Read More >>
