SEC to increase scrutiny of dark pools, Schapiro says

06/19/2009 | Financial Times (tiered subscription model) · Reuters

Mary Schapiro, chairwoman of the Securities and Exchange Commission, requested that her staff look closely at the effects of dark pools. "This lack of transparency has the potential to undermine public confidence in the equity markets, particularly if the volume of trading activity in dark pools increases substantially," Schapiro said.

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Financial Times (tiered subscription model) · Reuters

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