SEC will use upgraded tech to spot abuses, Schapiro says

10/15/2012 | Securities Technology Monitor

Mary Schapiro, chairman of the Securities and Exchange Commission, said the agency is working to identify "suspicious trading patterns and relationships among multiple traders and across multiple securities," and will use updated technology to detect market abuse. "Upgraded technology makes it possible to wade through literally millions of documents and thousands of hours of conversations to find the proverbial needle in a haystack that lets us sew up a case," Shapiro said. Schapiro will be a featured speaker at SIFMA's Annual Meeting on Oct. 23 in New York. Register today.

View Full Article in:

Securities Technology Monitor

Published in Brief: