BATS deal expands FINRA supervision of stock trading

02/7/2014 | Reuters

An agreement with BATS Global Markets will increase the Financial Industry Regulatory Authority's oversight to 99% of activity on U.S. equities exchanges. "It's important because we are seeing that people are trying to spread their activity across multiple markets to try to avoid detection," said Tom Gira, FINRA's head of market regulation.

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