SEC focuses on 2 high-frequency trading issues
David Shillman, associate director of the trading and markets division at the Securities and Exchange Commission, said the agency is working on a proposal to address "sponsored naked access" to markets. He said the SEC is looking into whether monitoring must be done before the trade or whether post-trade monitoring is sufficient. The commission is also assessing who should be responsible for monitoring.
Reuters | 11/04
This story published in SIFMA SmartBrief on 11/05/2009
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